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Great Recession

The Sequester Dilemma--How Much Is Too Much Austerity?

Harlan Green | Posted 04.24.2013 | Business
Harlan Green

Come March 1, we will begin to see how much damage the sequester agreement causes. A recent CNBC column by Larry Kudlow illustrates both the misconceptions and reason for the gridlock on avoiding across-the-board spending cuts of some $85 Billion to the federal budget.

This Group Of Americans Is Steering Clear Of Debt

Reuters | Posted 04.24.2013 | Business

By Heather Struck NEW YORK, Feb 21 (Reuters) - The recession had a strong impact on young Americans who saw the credit crisis up close...

State of the Union -- Why So Few New Jobs?

Harlan Green | Posted 04.17.2013 | Business
Harlan Green

The problem is how to create enough new jobs to generate more demand for goods and services. And only government is in a position to do that at present. Nothing else will generate the growth we need.

The Numbers Never Lie

Frances Causey | Posted 04.06.2013 | Business
Frances Causey

Profits are not the problem. Blind, relentless pursuit of them at any cost by any business large or small is.

Read My Lips: Yes, New Taxes

Leo W. Gerard | Posted 03.30.2013 | Politics
Leo W. Gerard

To equitably reduce the deficit in a way that maintains good faith with the American people requires tax increases. Yes, new taxes are necessary. Especially those focused on the speculators who caused the crash.

S&P Hits 1,500 For First Time Since Recession

AP | Posted 03.27.2013 | Business

NEW YORK (AP) — The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, ...

A New Solution to the Economic Recovery Dilemma

Brooklyn Workforce Innovations | Posted 03.26.2013 | Impact
Brooklyn Workforce Innovations

2012-11-13-jrlogo300x60.gif A college education has become an expensive commodity nearly inaccessible to many young adults who grew up in some of our most disinvested-in communities and school districts. One important, underutilized answer: employer-customized training.

The Shame of Being Broke: Going, Going, Nearly Gone

Nicholas Carroll | Posted 03.25.2013 | Business
Nicholas Carroll

2012 was the year when people started freely telling casual friends they were broke -- or living in their car. It was the year that contract-thumping moralists lost their voice. It was the year that sleeping on a friend's couch became acceptable and accepted.

Enforcing the Law

Ed Koch | Posted 03.16.2013 | New York
Ed Koch

Just as prosecuting those who lied on their gun permit applications might deter them from future criminal activity, so might the brokers of Wall Street and the bankers be deterred, were some of them to spend some time in prison.

Recession Wasn't So Bad For New Grads

AP | JUSTIN POPE | Posted 01.09.2013 | College

-- It was a defining image of the Great Recession: floundering college grads stuck back home, living in mom and dad's basement. But while rooted in s...

Time for an American Spring?

Hoyt Hilsman | Posted 03.04.2013 | Politics
Hoyt Hilsman

Okay, it's clear they don't get it. After several elections, the Great Recession and lots of moaning and groaning about the stalemate in Washington, o...

Fiscal Cliff: Ugh, Recession is Now More Likely

Mohamed A. El-Erian | Posted 02.20.2013 | Business
Mohamed A. El-Erian

In order to avoid a recession that would aggravate the country's unemployment problem and reignite concerns about housing and household finances, Democrats and Republicans need quickly to find a way to work together. While possible, it is hard to see how this happens endogenously.

Bright Future Ahead Despite Current Gloom and Doom

Wm. Scott Page | Posted 02.18.2013 | Money
Wm. Scott Page

Many economic indicators suggest a fairly robust economy, believe it or not. We have spent the past year and a half listening to the presidential candidates tell us how bad everything is, but statistics say otherwise.

Car Safety 2013: 32,000 Dead -- Where's the Outrage?

Steve Parker | Posted 02.18.2013 | Business
Steve Parker

Some 32,367 people died in motor vehicle accidents in 2011. That's nearly 100 a day dying on our nation's highways, yet any apparent outrage remains muted at best.

Is the Door Opening to Criminal Prosecution of Big Banks?

Nicholas Carroll | Posted 02.16.2013 | Business
Nicholas Carroll

I don't know that Obama will lead the charge to justice. But seeing this surging wave of litigation, perhaps he will have what it takes to grab his surfboard and catch the wave.

Jeffrey Young

Where Are The Jobs? Hospitals, Nursing Homes And Doctors' Offices

HuffingtonPost.com | Jeffrey Young | Posted 12.07.2012 | Business

The overall recovery of the U.S. economy is still sluggish, but if you're looking for work, you'd be wise to consider the health care sector. The h...

I'm Dreaming Of A Pink Christmas

Corbyn Hightower | Posted 02.06.2013 | Parents
Corbyn Hightower

Just because it's not 'traditional' doesn't mean it's not Tradition.

You Are Not Alone

Kenneth Kales | Posted 02.04.2013 | Politics
Kenneth Kales

For many, the holidays bring mixed feelings. The formerly solid middle class will continue to go to food banks offering free groceries. The lower class is fairing much worse as poverty knows no holidays. The main currency many Americans have this holiday season is hope for change.

Sandy's Devastating Impact On The Economy

AP | MARTIN CRUTSINGER | Posted 01.29.2013 | Business

WASHINGTON — Superstorm Sandy packed a bigger economic punch than most people had thought. In its sweep through the Northeast, the storm halted...

Falling Household Incomes -- The Real Fiscal Cliff

Harlan Green | Posted 01.28.2013 | Business
Harlan Green

Most of the federal "fiscal cliff" was created by borrowing to finance serial tax cuts and increased military spending that benefited the few at the expense of the many.

Arthur Delaney

Eric Cantor Reheats, Serves Story Of Builder-Turned-Cook

HuffingtonPost.com | Arthur Delaney | Posted 11.26.2012 | Politics

When Rep. Eric Cantor (R-Va.) explains why Congress shouldn't raise taxes, lately he tells the story of an airport restaurant cook dreaming of better ...

Attention, Kids Of Unemployed Parents: HuffPost Wants To Hear From You

The Huffington Post | Alexander Eichler | Posted 11.19.2012 | Politics

Do you have a parent or guardian who has lost their job? We want to know what Thanksgiving looks like in your family this year. More than 12 millio...

The Fed's Nuclear Balance Sheet. Stand Back: This Baby's Going to Explode

Mitch Feierstein | Posted 01.16.2013 | Business
Mitch Feierstein

There is a monetary time-bomb charged and ticking. A bomb which is being constantly primed with further explosive, further destructive force.

America's Poorest Lost Almost EVERYTHING During The Great Recession

The Huffington Post | Jillian Berman | Posted 11.15.2012 | Business

Families living in poor neighborhoods lost almost everything during the Great Recession, potentially making it more difficult for them to gain a bette...

The Dilemma of Fiscal Cliff -- The Solution Is to Scrap It

Nake M. Kamrany | Posted 01.13.2013 | Politics
Nake M. Kamrany

The current economic policy priority should be to reduce the rate of unemployment down to 4 percent and subsequently seeking policies to reduce deficit and debt after the economy is robust.