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.
WASHINGTON, July 23 (Reuters) - A wave of tax increases and billions of dollars in automatic spending cuts would cause "a lot of damage" to the frag...
Whether it is nurturing more innovation, retraining unemployed workers, or reining in our addiction to debt, the only thing standing in the way of the U.S. from solving its problems is U.S. leadership.
If you want to know when the recession will be over and things back to normal, just look at the dates and overlay the 11.1 year cycle, and you will be pretty close to prognosticating the recovery.
While Democrats are sticking to the old script, Republicans seem to have grown up a little. On a nationwide scale, Republicans are spurning feel-good solutions and vague promises. Instead, the GOP is offering tough decisions and priority setting. And it seems to be working.
The bargain broke down when middle-class America buckled under global competition and labor-replacing technology. Reich blames what happened next on t...
"When people ask me -- are we [experiencing] inflation or deflation? I say 'Yes'. We are experiencing both right now," economic researcher Chris Marte...
A survey of low-income New Yorkers shows that two-thirds have less than $1,000 in savings to fall back on should even tougher times hit, while one-thi...
Vague talk about future innovations, a post-industrial society, or an explosion of services exports is not the stuff on which to bet the prosperity of a nation.
Catherine Singley, Office of Research, Advocacy, and Legislation
National Council of La Raza (NCLR)
Earlier this week, our friends at the Immigration...
He is not just saying we need to improve government operations. He's saying we need to put this issue front and center and then he is taking real action.
Obama is a gifted public speaker whose ability to inspire hope, confidence, and optimism is legendary. He relates well to ordinary folks and understands how to communicate in terms people understand.
It has been over six years since I left Goldman Sachs where I had the honor of working for you. I am sorry that your time serving our great country was not more of a rewarding experience for you.
Forget statistics, those numbers are people, and I'm one of them. Here are actual phone calls made over one week period to the Unemployment development department in California.
Just how much is the credit crunch going to affect Hollywood? Film elite like Sir Ben Kingsley, Penelope Cruz, Gus Van Sant, Dennis Hopper, Darren Aronofsky and others weigh in.
We can only hope that Obama balances the smart Rubinauts whom he has picked to lead his economic team with some equally smart pro-Main Street economic minds.