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Great Recession

A Blueprint for California's Budget

John A. Perez | Posted 07.14.2013 | Los Angeles
John A. Perez

With the Governor's May budget revision being announced this week and the Legislature working to pass a final budget by June 15, these are some of the issues Assembly Democrats will be focusing on to make sure our state takes the critical steps we need.

On Supporting Our Mothers, Wives and Daughters

Michael Sargeant | Posted 07.13.2013 | Politics
Michael Sargeant

As working women across the United States are finding jobs as the economy recovers from the Great Recession, it is more crucial than ever that they receive the same pay as their male counterparts.

A Lost Age of Fiscal Heroes? Not So Much.

Joseph J. Thorndike | Posted 07.10.2013 | Politics
Joseph J. Thorndike

The debate over fiscal responsibility has been muddled by the Great Recession; inevitably, perhaps, arguments over long-term fiscal problems have been conflated with debates over short-term recovery programs. Both debates have suffered terribly as a consequence.

Huffington This Week: High Hopes and Low Wages

Arianna Huffington | Posted 07.10.2013 | Business
Arianna Huffington

In this week's issue, Saki Knafo looks at the plight of America's working poor through the eyes of one young man struggling to build a career in the fast food industry. And since this week marked the launch of our newest international edition in Japan, we're featuring photos from our tour of the gardens, temples and shrines of Kyoto.

Class of 2013: Welcome to the 'New Hustle'

Tom Hayes | Posted 07.06.2013 | College
Tom Hayes

Graduates, the corporate job picture as we knew it is being obliterated -- the center cannot hold -- and the world of work we once relied upon is fracturing into myriad new combinations and permutations.

GOP Forcibly Making Working Families Flexible

Leo W. Gerard | Posted 07.06.2013 | Politics
Leo W. Gerard

The GOP forced flexibility act is part of a list of proposals House Majority Leader Eric Cantor (R-Va.) calls "Making Life Work." That's right, Republicans intend to make life nothing but work. No eight hours for sleep. No eight hours for anything you will. Just work, Gumby, just work.

The April Employment Report in Pictures

Chad Stone | Posted 07.03.2013 | Politics
Chad Stone

Today’s jobs report shows that labor markets still bear the scars of the Great Recession despite 38 straight months of private-sector job growth...

Study: The Recession Widened The Racial Wealth Gap

The Huffington Post | Jillian Berman | Posted 04.29.2013 | Business

The Great Recession decimated the wealth of many Americans, but the downturn hit black and Hispanic families especially hard, a new study finds, widen...

Wealthiest Americans Benefit The Most From Economic Recovery As Inequality Grows

The Huffington Post | Caroline Fairchild | Posted 04.23.2013 | Business

The first years of the U.S. economy's recovery from the Great Recession yielded strong gains in total wealth for the richest Americans, while every ot...

Shahien Nasiripour

Student Debt May Dampen College Grads' Boost To Economy

HuffingtonPost.com | Shahien Nasiripour | Posted 05.10.2013 | Business

BOSTON -- The overhang of student debt on young workers may inhibit consumption and future borrowing, researchers at the Federal Reserve Bank of New Y...

Why This Is the Worst Recovery on Record

Robert Reich | Posted 06.15.2013 | Business
Robert Reich

We're now witnessing what happens when all of the economic gains go to the top, and the rest of the population doesn't have enough purchasing power to keep the economy going.

Thomas Friedman on Timeouts

Robert Teitelman | Posted 06.10.2013 | Media
Robert Teitelman

Friedman has stumbled upon a nifty cliché, perhaps while watching March Madness, and then tried to fit the world and his own favorite causes around it. To make it work he has to distort the past and exaggerate the present, like a petulant parent.

The Obama Charm Offense for User Friendly Home Loans

D. Sidney Potter | Posted 04.09.2013 | Business
D. Sidney Potter

If the Obama charm offense works on the home lending industry, then more buyers -- either it be first-time home owners or small investors, come off the sidelines and will start to buy.

David Stockman's Crony Capitalism

Harlan Green | Posted 06.09.2013 | Business
Harlan Green

David Stockman's New York Times 'rant' glorifies the gold standard and denigrates government for standing in the way of putting "free markets and genuine wealth creation back into capitalism." In fact, Stockman would return us to an earlier era of crony capitalism.

Down Is a Dangerous Direction

Barbara Garson | Posted 06.09.2013 | Business
Barbara Garson

If you had to date the Great Recession, you might say it started in September 2008 when Lehman Brothers vaporized over a weekend. By 2008, however, the majority of American workers had already endured a 40-year decline in wages, security, and hope -- a Long Recession of their own.

Hopeless: Unemployed Americans Drop Out Of Labor Force

AP | PAUL WISEMAN and JESSE WASHINGTON | Posted 04.07.2013 | Business

WASHINGTON -- After a full year of fruitless job hunting, Natasha Baebler just gave up. She'd already abandoned hope of getting work in her field, wo...

Three Times The Population Of The U.S. Is At Risk Of Falling Into Poverty

The Huffington Post | Harry Bradford | Posted 04.05.2013 | Business

Hundreds of millions of people worldwide are on the brink of poverty. A recent study by the International Monetary Fund warns that as many as 900 m...

Why Are Liberals Falling Down the Rabbit Hole?

Michelle Kraus | Posted 06.03.2013 | Politics
Michelle Kraus

Why are liberals falling down the rabbit hole? Oh woe is me, bemoan liberals far and wide across this country. The president is not doing this or that...

Iraq, the GOP and the Lesson of 1933

Steven Conn | Posted 05.28.2013 | Politics
Steven Conn

The take-over of the GOP by dangerous extremists has taken place in plain sight and has been abetted by a public discourse which rarely calls this extremism what it is. Instead, we keeps insisting that there must be two, equal sides to every question.

Great Recession Creates 'The New Homeless'

The American Prospect | Posted 03.27.2013 | Politics

In the Denver suburbs, as in much of the U.S., the Great Recession turned formerly stable families into the new homeless—and left many living in bud...

The New Washington Economics

P. Gary Wyckoff | Posted 05.21.2013 | Politics
P. Gary Wyckoff

For every dollar we reduce the deficit this year, we sacrifice about two dollars and twenty cents in GDP. The cuts will also result in the loss of 750,000 jobs. So why are we doing this again?

O'Donnell Thinks Krugman Is 'A Lonely Voice Opposing Austerity' Because He Listens to MSNBC

William K. Black | Posted 05.19.2013 | Business
William K. Black

It is very harmful to the nation that MSNBC has led people to believe that there is only one, presumably hopelessly weird, economist in the world who opposes austerity as a response to the Great Recession.

Do Life's Turning Points Make a Difference?

Gini Graham Scott | Posted 05.13.2013 | Impact
Gini Graham Scott

Think back to your own life. Are there experiences that stand out as critical turning points for you; incidents you think of as life-changing incidents? Then, taking those incidents, consider what might have been if they didn't happen?

Let's Bring Back American Jobs

Harlan Green | Posted 05.12.2013 | Business
Harlan Green

It turns out taking away the voice of American employees is really taking away democracy for the majority of Americans, something that cannot be tolerated if America is to remain a prosperous democracy.

Don't Cut, Invest! Why the Obama Administration Should Support a Federal Job Guarantee Program

Alan A. Aja | Posted 05.12.2013 | Black Voices
Alan A. Aja

The Obama administration should ignore the irresponsible narrative of austerity-economics. The president holds the mandate, given overwhelming support from the African Americans and Latinos during re-election bid, to combat persistent unemployment in these communities.