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US Economic Crisis

Only One Country Recovered From The Recession Faster Than The U.S.

The Huffington Post | Sabrina Siddiqui | Posted 03.10.2014 | Politics

The U.S. economy recovered from the recession quicker than every country except Germany, according to a report released Monday by President Barack Oba...

Congress Should Internalize This Week's Economic Data

Mohamed A. El-Erian | Posted 09.29.2013 | Business
Mohamed A. El-Erian

It is tempting for lawmakers to ignore the seemingly endless flow of economic data releases, especially as they prepare to take their summer recess. But, please, not this week.

A Rosetta Stone for Today's Muddle

Frank A. Weil | Posted 03.11.2013 | Politics
Frank A. Weil

The sequestration idea, whoever really came up with it, was fiendishly too clever by half. It was designed to create two Hobson's reciprocal choices a...

Economy Grew At Weakest Rate In Nearly Two Years

AP | MARTIN CRUTSINGER | Posted 04.30.2013 | Business

WASHINGTON — The weakest quarter for the U.S. economy in nearly two years may end up being a temporary lull. Economists think growth has begun t...

A Fuller Accounting

Debra K. Decker | Posted 12.06.2012 | Politics
Debra K. Decker

We keep getting twisted and tied up by urgent matters because we don't address America's important underlying issues: what we want as a people and the role of government in helping us achieve that. To develop a framework, we need a fuller accounting.

Are We Blaming Consumers for Their Own Misfortune?

Chris Abraham | Posted 10.29.2012 | Business
Chris Abraham

Will we continue to over-hunt, over-fish our customers, consumers, and our market -- our prey -- until they're either extinct or just too savvy to fall for our seductive calls? What is our responsibility to the health, happiness, and success of those who we fleece for money?

Reframing America's Debate

Peter A. Georgescu | Posted 10.10.2012 | Politics
Peter A. Georgescu

How are the people doing? What are the needs of different groups of Americans? What does the nation owe its citizens in this time of crisis? Are we a happy family or a dysfunctional one?

Congress's Wealthiest Shielded From Effects Of Deep Recession

www.washingtonpost.com | Posted 10.07.2012 | Politics

If you could peer deeply into how the 535 members of Congress handle their money, what would you find? You would see a diversity of investment stra...

The Politics and Psychology of Time

Robert Klitzman, M.D. | Posted 11.10.2012 | Politics
Robert Klitzman, M.D.

"Time is relative," Einstein discovered. So, too, is political time. But these two facts together cause many problems, as reflected in current debates over the seemingly simple question, "Are you better off than you were four years ago?"

On Manufacturing, Ryan is Following the Wrong Founding Father

Ro Khanna | Posted 10.14.2012 | Politics
Ro Khanna

His ideas have formed the basis of the American economic system. The question is whether Congressman Paul Ryan is willing to embrace the role of government that Hamilton advocated?

Waiting in Vain for the Quick Fix

Jeffrey Sachs | Posted 10.06.2012 | Politics
Jeffrey Sachs

The economic problems in the U.S. and Eurozone are mostly structural, not monetary. Unfortunately ideologues and politicians on both sides of the spectrum are interested in quick fixes rather than the real groundwork of economic progress.

America's Contemporary Depression

Ralph da Costa Nunez | Posted 07.30.2012 | Politics
Ralph da Costa Nunez

They care only about how the nation's leaders are going to create and protect jobs and bring stability to the economy. But the truth is that a return to full employment and stability is not possible unless we acknowledge the problem for what it is and put aside partisan politics to fix it. So, what is the problem?

Surprising Statistic Reveals How Little U.S. Taxpayers Actually Pay

www.washingtonpost.com | Posted 09.10.2012 | Politics

Americans paid the lowest tax rates in 30 years to the federal government in 2009, in part because of tax cuts President Obama sought to combat the Gr...

Obama To Push For Extension Of Middle Class Tax Cuts

AP | Posted 09.08.2012 | Politics

WASHINGTON — President Barack Obama is launching a push to extend tax cuts for the middle class, as he seeks to shift the election-year economic deb...

Mitt Romney and the New Gilded Age

Robert Reich | Posted 09.01.2012 | Business
Robert Reich

The election of 2012 raises two perplexing questions. The first is how the GOP could put up someone for president who epitomizes the excesses of casino capitalism that have nearly destroyed the economy. The second is why the Democrats have failed to point this out.

What a Bank Is Supposed to Do?

Bruce Judson | Posted 08.28.2012 | Business
Bruce Judson

As reports that the JPMorgan Chase trading debacle may lead to losses of $9 billion, it's critical that our nation understand what is, and is not, acceptable behavior for a bank in our capitalist economy.

Double Standards at Work

Preeti Vissa | Posted 08.04.2012 | Business
Preeti Vissa

So sure, let's have a strong Volcker Rule. But how about a second rule -- call it a Common Sense Rule: Banks big enough to tank the world's economy should be held to standards at least as strict as the standards struggling homeowners have to meet.

Renew America: It's the Econometrics, Stupid!

Ed Crego, George Muñoz and Frank Islam | Posted 05.14.2012 | Business
Ed Crego, George Muñoz and Frank Islam

We need to realize that it's the econometrics, stupid. If we do not, we will continue to develop, promote and implement policies, plans and programs that are mediocre at best and counter-productive at best.

FDR's New Deal Shattered the Austerity Myth

David Woolner | Posted 07.07.2012 | Politics
David Woolner

Much like the 1930s, our slow climb out of the Great Recession has been made all the more difficult thanks to the unwillingness of austerity hawks in Congress to pass the president's jobs bill and other pieces of stimulus legislation.

Budget Bunk: The Old Pox on Both Your Houses Game

Dean Baker | Posted 07.01.2012 | Business
Dean Baker

The economy did not regain the jobs lost in the 2001 recession until 2005, and even then it was on the back of another unsustainable bubble, this one in the housing market. And we know how that one ended.

You Can't Say That

Bill Zimmerman | Posted 06.11.2012 | Politics
Bill Zimmerman

Common sense solutions like these, while painfully obvious, are entirely inadmissible within mainstream political dialogue. Why is that? Why can't common sense be applied to our defense expenditures, which now are almost equal to the rest of the world combined?

The Road to Redemption: 7 Ways to Overcome a Bad Economy

Ash Cash | Posted 05.05.2012 | Money
Ash Cash

If you watched the news lately, you will notice many reports of slow growth in employment. The good news is that instead of waiting for things to get better we can take some proactive steps to get back on track.

Don't Just Focus on Made in America, Focus on Innovated in America

Carol Roth | Posted 04.16.2012 | Business
Carol Roth

Prosperity and continued growth in our nation will not happen by trying to redistribute wealth or reclaim unskilled jobs; we need to adopt a life-long learning mentality and adapt to the changes in front of us.

Increasing the Debt Ceiling Won't Fix the Economy

Sam Turer | Posted 03.07.2012 | Home
Sam Turer

We need to create a bipartisan legislation that will help the American people and government find some way out of its 300-year battle with debt.

Where Have All The Women Gone in the Workforce?

The New York Times | Posted 12.29.2011 | Women

Workers are dropping out of the labor force in droves, and they are mostly women. In fact, many are young women. But they are not dropping out forever...