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Great Recession

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 | 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.

Next In Line For Bernanke's Job Is Going To Have It Tough

Reuters | Posted 01.23.2014 | Business

* U.S. central bank adopting series of policy guidelines * Next on agenda: economic thresholds to guide rate hikes * Bernanke expected to st...

Beer After A Hard Day's Work A Dying Tradition

Reuters | Posted 01.23.2014 | Business

By Brendan O'Brien MILWAUKEE, Nov 10 (Reuters) - A tattooed man with a goatee shakes five dice in a black cup, slams it down on the ba...

Where Does the GOP Go From Here?

Jason Stanford | Posted 01.06.2013 | Politics
Jason Stanford

Republicans should have won. The economy was having more trouble starting than my dad's Pinto back in '70s, and Barack Obama had gone from the black Kennedy to the black Jimmy Carter. Fate was practically holding the door to the White House open for Republicans.

Financing Experts Posted Advice Online for Buying and Selling a Business or Franchise

Jerry Chautin | Posted 10.31.2012 | Small Business
Jerry Chautin

I attended a webinar a few weeks ago called "Best Practices in Buying and Selling a Business with a Focus on Financing." It explored the availability ...

Why Hasn't George Bush Campaigned for Romney?

Robert Creamer | Posted 10.30.2012 | Politics
Robert Creamer

Natural disasters make people remember why it is so important that we have a society where we have each other's back. They make us remember that government is the name we give to the things we choose to do together.

Then And Now: 'Am I Doing Better? Yes. But I've Lost So Much'

AP | MITCH WEISS | Posted 12.28.2012 | Business

CHARLOTTE, N.C. (AP) — Here was Chas Kaufmann's life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with f...

Fiscal Conservative?

AP | MARTHA IRVINE | Posted 12.27.2012 | Business

CHICAGO (AP) — This generation of young Americans has been called many things, from civic-minded to "entitled." But fiscally conservative? ...

Why Voters Should Turn From the Pseudoconservative Party of the Great Recession   PART II

Louis M. Guenin | Posted 12.25.2012 | Politics
Louis M. Guenin

To repair its economy, the U.S. urgently needs finely-tuned macroeconomic policies and institutional changes. For this challenge, a rational voter would not rely on the Republican pseudoconservative political stance that, after helping to bring about the Great Recession, has foundered in self-contradiction.

Why Voters Should Turn From the Pseudoconservative Party of the Great Recession   PART I

Louis M. Guenin | Posted 12.24.2012 | Politics
Louis M. Guenin

The polarized politics of our time, joined with an appetite for pigeonholing, exert pressure on everyone to categorize themselves. Sometimes people declare themselves for "isms" that they have not plumbed. An example in point is conservatism. The politicians who now travel under the banner of "conservatism" happen to espouse views and methods that are incompatible with the philosophy bearing that name. Meanwhile members of the opposing political party have imbibed a dose of the wisdom conveyed by conservatism. This includes a cautious disposition to welcome expert reasoning about economic policy, reasoning of the sort desperately needed for recovery. When the details of this are made clear, so are voters' alternatives in the forthcoming election.

Jobs That Make Workers Feel Really Guilty

The Huffington Post | Harry Bradford | Posted 10.20.2012 | Business

Everyone has to pay the bills somehow. Some people just don't feel great about the means to that end. Sure, feeling dissatisfied or unhappy at wor...

American Dream or Fantasy?

Nelson Davis | Posted 12.18.2012 | Small Business
Nelson Davis

If you expect the government to somehow guarantee that you'll have a better life than your parents, own a home or be promoted to vice president of a giant corporation, that is more fantasy than a dream.

Hunter-Gatherers of New Jersey: Cortlund and Halperin's "Now, Forager"

Daniel Maidman | Posted 12.11.2012 | Entertainment
Daniel Maidman

A foodie film oriented toward the making rather than the eating, Now, Forager's opening gambit is to occupy the high-stress, low-margin universe of the restaurant and its independent small-scale suppliers.

The Moment I Realized Our Struggles Weren't Going Away

Corbyn Hightower | Posted 12.08.2012 | Parents
Corbyn Hightower

Outside of places like Portland and maybe New York City, not having a car -- especially when you are a suburban mother of three -- is a sign and symbol of having Blown It Big Time. But we are without a car. It was an easy decision at the time: We couldn't pay the rent.

LOOK: Faces Of The Great Depression

Posted 10.06.2012 | Business

The unemployment rate fell below 8 percent for the first time in nearly 4 years, according to the jobs report released Friday. The prolonged elevated ...

Presidential Debates and Middle-Class Economics

Michael Farr | Posted 10.05.2012 | Business
Michael Farr

While a lack of middle-class income growth can create headwinds for any economy in the short term, the longer-term risks of political instability and civil unrest can become much greater.

Land Grab by Big Banks and Big Investors Is Deal Made in Hell

Karen Hinton | Posted 12.05.2012 | Business
Karen Hinton

Take news about rising bank profits and combine it with reports about land grabs by private equity firms, and you've got a deal made in hell. You can bet working schmucks like you and me won't be invited to the closing party.

The High Engagement Work Culture: A New Perspective for Framing the Debate About Capitalism

Peter Smirniotopoulos | Posted 12.04.2012 | Business
Peter Smirniotopoulos

To my knowledge, no one has taken a look at the symptomatology leading up to the 2008 crash from the perspective of Wall Street's prevailing corporate culture, with the insights only these two authors can provide.

The Debate We Never Had

Joseph A. Palermo | Posted 12.03.2012 | Politics
Joseph A. Palermo

When the dust settles after November 6th, we'll return to the status quo ante where big finance and huge corporations continue to define what's possible in Washington.

Obama's Biggest Mistake As President

The New York Times | Posted 11.29.2012 | Politics

Working out of cramped, bare offices in a downtown building here in Washington, President-elect Obama's economic team spent the final weeks of 2008 tr...