If the U.S. increases exports, mercantilist nations like China, Germany and Japan will have to save less and spend more, import more and export less.
Sheldon Filger | Posted 06.19.2009 | Business
President Obama may be fated to travel the same path as Gorbachev, and like him, end up as a valiant failure.
CNN | Posted 05.23.2009 | Politics
President Barack Obama's expansion of the federal government into the financial sector is likely to have "devastating" effects in the long term, forme...
Arianna Huffington | Posted 04.25.2009 | Politics
It was on Summers' watch that the credit-default swaps warhead that has blown up our economy was launched. It would be hard to make assumptions that turned out to be more wrong than his were.
HuffingtonPost.com | Sam Stein | Posted 02.12.2009 | Politics
The Obama transition team put out a video on Sunday detailing the job creation components of their proposed stimulus legislation. Putting aside, for ...
HuffingtonPost.com | Sam Stein | Posted 02.09.2009 | Politics
Barack Obama said today that he never expected the process of crafting a stimulus package to be easy and that he welcomed any idea, regardless of auth...
Lawrence Mishel and John Irons | Posted 02.09.2009 | Politics
Obama is calling on Congress to pass a stimulus package that will cost $700B or more over two years. That could create 2.5M jobs in the first year and a total of 5M jobs in the first two years.
HuffingtonPost.com | Sam Stein | Posted 02.06.2009 | Politics
Following a series of meetings with lawmakers on Monday, President-elect Barack Obama has seemingly bolstered even further his chance of passing a mas...
HuffingtonPost.com | Sam Stein | Posted 01.18.2009 | Politics
UPDATE: Several sources have chimed in to say that DeLauro is not likely to get the nod for Labor Secretary. No explanations were offered, but the sou...
The Huffington Post | Posted 12.25.2008 | Politics
CBS News reports on President-elect Barack Obama's economic plans, which have rapidly expanded as the crisis has worsened: With the stock market wo...
Joshuah Bearman | Posted 12.21.2008 | Business
Obama fundamentally trusts markets, but believes that they make grievous errors (I'll say!), and that those errors must at times be aggressively corrected. Is that a new idea? If so, then no wonder we're screwed.
Mark Cuban | Posted 12.14.2008 | Business
Obama's economic advisory team looks more like a semester's worth of guest speakers for an MBA class than a team that can truly help him. Entrepreneurs will lead us out of this mess. Talk to them.
Larry Gellman | Posted 12.11.2008 | Politics
Many McCain apologists have suggested that the meltdown in the stock market over the last month doomed his campaign. That assessment seems far too friendly.
Lynn Forester de Rothschild | Posted 12.02.2008 | Politics
Regrettably, the road kill of Obama's reckless rhetoric and policies is not the rich taxpayer, but the entire American economy.
Lynn Forester de Rothschild | Posted 12.01.2008 | Politics
What Obama offers, in substance and in spirit, is a radical departure from the principles of the American Dream that has defined our nation over the last two centuries.
Leo Hindery, Jr. | Posted 12.01.2008 | Politics
Using the pejorative word "socialism" to describe an honorable progressive income tax is shameful in these difficult times -- and it is also just plain wrong.
HuffingtonPost.com | Sam Stein | Posted 11.28.2008 | Politics
Two readers have forwarded a new robocall from the McCain campaign, whacking Barack Obama for wanting to "spread your wealth around" so as to afford "...
Joseph A. Palermo | Posted 11.14.2008 | Politics
Obama understands that regulations not only protect workers, consumers, and the environment, but they are essential for the smooth functioning of our modern capitalist economy.
HuffingtonPost.com | Thomas B. Edsall | Posted 11.09.2008 | Politics
As two major developments become increasingly likely - a Democratic presidential victory on November 4 and a sustained economic crisis - Barack Obama ...
HuffingtonPost.com | Sam Stein | Posted 10.18.2008 | Politics
One of the Senate's most progressive members ripped John McCain on Tuesday for offering a phony populist self-portrayal in the wake of the current cri...
HuffingtonPost.com | Sam Stein | Posted 10.17.2008 | Politics
Democrats, going after John McCain and the GOP jugular, are launching a coordinated attack over the economy, painting the current administration as th...
NY Times | Posted 09.21.2008 | Politics
As Barack Obama prepares to accept the Democratic nomination this week, it is clear that the economic policies of the next president are going to be h...
HuffingtonPost.com | Sam Stein | Posted 09.21.2008 | Politics
Barack Obama lashed into John McCain during a campaign stop in Virginia on Thursday, ridiculing the presumptive Republican nominee for being painfully...
Robert Kuttner | Posted 09.20.2008 | Home
A President Obama's greatest challenge would be to reverse the ideological assumptions of the past three decades and then to use affirmative government to deliver not just economic recovery but a just and balanced economy and a revitalized democracy.
Robert Kuttner | Posted 09.18.2008 | Home
The new president will need to inspire the American people to demand enactment of bolder measures than either the Congress or Obama himself currently think necessary or possible.
Robert L. Borosage | Posted 09.30.2009 | Politics