iOS app Android app

The Great Recession

The Economy Won't Move Becasue Managers Won't Move

Milton Ezrati | Posted 11.10.2014 | Business
Milton Ezrati

This economy needs more "animal spirit." The great economist, John Maynard Keynes, coined this term to describe the willingness of business managers to expand aggressively and identified it as essential for economic growth.

The Two Trillion Dollar Heist: The Perversion of Inversion

Bill Ayres | Posted 10.29.2014 | Politics
Bill Ayres

Fiscal conservatives complain about how we do not have enough money to pay for Medicare, Social Security, Medicaid, education, etc. Yet, they want to protect these companies which are stretching the tax rules and costing taxpayers who play by the rules billions of needed dollars.

Great Recession Linked To 10,000 Suicides

The Huffington Post | Hunter Stuart | Posted 06.16.2014 | Business

It’s not just bank accounts that suffer during a recession: Economic crises can also take a human toll. A new study has found that suicide rates ...

Taxing the Economic Engine: Higher Education vs. 'The Town'

Dr. Brian C. Mitchell | Posted 05.03.2014 | College
Dr. Brian C. Mitchell

One impact of the great recession has been resurgence in demand by cities and towns that colleges and universities pay a greater portion of the region's tax bill.

Breaking China

Glenn C. Altschuler | Posted 03.23.2014 | Books
Glenn C. Altschuler

Unbalanced, by Stephen Roach, is lucid and accessible, immensely informative and insightful. It is, most certainly, one of the most important books on the relationship between the United States and China to be published in at least a decade.

Obama's Economy: 6 Truths

Bob Burnett | Posted 11.20.2013 | Politics
Bob Burnett

While real economic progress has been made since Obama was first elected President, Republicans haven't contributed to it. They haven't been part of the solution but, rather, they've fought Obama at each step and, as a result, become part of the problem.

Report: We're Worse Off Than At The End Of The Recession

AP/HuffPost | Posted 08.22.2013 | Business

WASHINGTON — The average American household is earning less than when the Great Recession ended four years ago, according to a report released Wedne...

Fourth of July Message: Jobs = Freedom

Blake Kernen | Posted 08.31.2013 | Teen
Blake Kernen

I've always known the Fourth of July is a day to celebrate America's birthday, its independence from British rule and the signing of the Declaration of Independence. But as a teenager, I've also come to realize that as Americans, we are celebrating a lot of other freedoms also.

Women Are Still Struggling, Even As the Economy Improves

Alexandra Lebenthal | Posted 07.15.2013 | Women
Alexandra Lebenthal

Will we ever return to the more care-free years of consumption? It remains to be seen, but for now, this is the way America lives.

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...

San Francisco Struggles In The Face Of California's Growing Economy

Aaron Sankin | Posted 07.24.2012 | San Francisco

It's no secret the recession hit the Golden State harder than most. But recent good news on the jobs front shows California's economic recovery may be...

Report: In 2009, Americans Paid Taxes At The Lowest Rate In 30 Years

Posted 07.11.2012 | Business

In 2009, Americans handed over the smallest percentage of their income to the government in 30 years. A major reason? Rich people paid less in taxes. ...

The Fiscal Cliff: Fact or Fiction?

D. Sidney Potter | Posted 07.02.2012 | Business
D. Sidney Potter

Here we go again. For a president who has been dubbed "no drama Obama," it looks like the American public might be in for some "rope a dope" this sum...

Coked Up Stimulus Monkeys

Glenn C. Altschuler | Posted 04.10.2012 | Books
Glenn C. Altschuler

Richly detailed, judicious, thorough and timely, Money Well Spent? is a primer on how to evaluate this policy -- and all public policies -- in a highly partisan, polarized, paralyzed political climate.

Lost In The Funhouse: The Twisted World Of Mortgage Lender Error

Ben Hallman | Posted 01.27.2012 | Business

Ben Hallman reported and wrote this story as a staff writer at the Center for Public Integrity. He recently joined The Huffington Post. Like milli...

The Fight To Save The American Dream

www.salon.com | Posted 01.18.2012 | Fifty

If you're part of the one percent, even getting fired comes with a cushion made of eiderdown. GMI, a research company that gets paid to keep an eye on...

The 10 States That Can't Pay Their Bills

24/7 Wall St. | Michael B. Sauter, Charles B. Stockdale, Ashley C. Allen | Posted 01.12.2012 | Business

Balancing the budget is not just a federal problem, but a state one as well. The Great Recession resulted in some of the worst state revenues and budg...

Jason Cherkis

Occupy Y'All Street: Three Generations Try To Escape Poverty Through Occupy Columbia

HuffingtonPost.com | Jason Cherkis | Posted 12.22.2011 | Politics

This is the third in a series of stories and short films on under-publicized Occupy sites. The first is here. The second is here. Stay tuned in the co...

It's the Great Recession -- Not the Great Vacation -- That's Responsible for High Unemployment

Chad Stone | Posted 02.15.2012 | Politics
Chad Stone

Two competing narratives frame the debate about why unemployment remains so high even though the economy has been growing for more than two years.

After Post-Recession Slowdown, Credit Card Use Ticking Back Up

The Huffington Post | Jillian Berman | Posted 12.05.2011 | Business

Many Americans might be confused by the rules and terms of their credit cards, but they're more often opting to swipe anyway. Credit card purchases...

Wall St. Pay May Plunge To 2008 Levels

Posted 11.28.2011 | Business

The average Wall Street bonus will decline by 20 percent to 30 percent this year, according to a closely watched compensation report, as banks cut...

Bonnie Kavoussi

Stock Market Tumbles As Global Slowdown Looms

HuffingtonPost.com | Bonnie Kavoussi | Posted 11.22.2011 | Business

The stock market plunged on Thursday as investors viewed it as increasingly likely that the global economy is slowing. U.S. stock indexes lost more...

Janell Ross

Gallup Poll: Vast Majorty Says Recession Not Over

HuffingtonPost.com | Janell Ross | Posted 11.21.2011 | Business

A shortage of jobs and falling incomes have left an overwhelming share of Americans convinced that the Great Recession is not over, according to a Gal...

Widening Income Inequality Bad For Economic Growth: IMF Report

The Huffington Post | Bonnie Kavoussi | Posted 11.20.2011 | Business

The widening gap between the wealthy and everyone else in the United States may be hindering a broader economic recovery, according to a new study. ...

Peter S. Goodman

'Recession Forever': For The Long-Term Unemployed, Fading Hold On Middle Class

HuffingtonPost.com | Peter S. Goodman | Posted 10.31.2011 | Business

If anyone in America could plausibly claim immunity to the unemployment crisis, Joe Sangataldo figured to be the guy. He earned his wages at a county ...