Us Economy

CBO Is Wrong About Health Care Costs

Paul A. London | Posted 08.21.2009 | Politics


Paul A. London

Health insurance exchanges and computerized records will increase competition in health care and lower costs. That is what happened in other American industries when competition increased, and it will happen in health care.

Hey Republicans, Can You Answer These Questions Truthfully About the "Obama Economy?"

Andy Ostroy | Posted 08.21.2009 | Politics


Andy Ostroy

It's abundantly clear that President Obama's stewardship of the economy has resulted in tremendous improvement from the near-abyss the nation fell into last Fall at the end of Bush's presidency.

Geithner Has Tough Task In Marketing US Debt

AP | MARTIN CRUTSINGER | Posted 08.19.2009 | Business


WASHINGTON — Timothy Geithner, architect of bank, auto and economic rescue plans, has another high-stakes job these days: traveling bond salesma...

Grandma Knows Best

Dan Dorfman | Posted 08.17.2009 | Business


Dan Dorfman

My grandma said that if I read something that doesn't seem to make sense, I should think twice about it. With that thought in mind, I decided to rattle off a slew of economic absurdities coming from Wall Street, the media and Washington.

Half-Baked Alaska: Palin's Confused Vision of Energy & Environment

Ben Carmichael | Posted 08.16.2009 | Green


Ben Carmichael

Palin's argument is so dependent on established Republican strategy that is reads like a grab bag of worn-out phrases.

Couples Delaying Getting Divorced Due To Recession

Wall Street Journal | JENNIFER LEVITZ | Posted 08.12.2009 | Business


Rhonda Brewster and her husband have decided they don't want to be married to each other anymore. But while they're ready to move on, they still can't...

Fixing The Economy Is Women's Work

Washington Post | Katty Kay and Claire Shipman | Posted 08.12.2009 | Business


While the pinstripe crowd fixates on troubled assets, a stalled stimulus and mortgage remedies, it turns out that a more sure-fire financial fix is wi...

Summers On Recession: "I Don't Think The Worst Is Over"

Huffington Post | Posted 08.11.2009 | Business


For this week's installment of their "Lunch with the FT" feature the Financial Times sat down with Larry Summers, director of Obama's National Economi...

World Economy: 11 Places Worse Off Than The U.S.

usnews.com | Rick Newman | Posted 08.10.2009 | Business


When times are tough, one thing that tends to raise the spirits is knowing that somebody else has it worse. And as wretched as the U.S. economy seems,...

Keynes: A Man for This Season?

Walden Bello | Posted 08.09.2009 | Politics


Walden Bello

Government must step in to remedy the failure of the market. This is, of course, the great lesson that Keynes imparted.

Manufacturing and the Limits of Comparative Advantage

Ralph Gomory | Posted 08.08.2009 | Business


Ralph Gomory

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.

How to Attract the Leaders to Rebuild our Economy

Simon Sinek | Posted 08.06.2009 | Business


Simon Sinek

Offering CEOs big money to come and run companies does not guarantee great leadership. In fact, the practice may attract the wrong leaders altogether.

Half-Time Economic Update: Are You Smoking Green Shoots?

Jill Schlesinger | Posted 08.06.2009 | Business


Jill Schlesinger

Avoiding financial calamity is a good thing and it does appear that the global economy is past the worst point in the cycle, but a self-sustained recovery is not necessarily in the bag.

Krugman: U.S. Headed for "Jobless" Recovery

ABC News | Jennifer Parker | Posted 08.01.2009 | Business


obel-Prize winning economist Paul Krugman said the nation is on course for a "prolonged jobless" economic recovery unless the Obama administration ste...

Soros: Obama's Economic Policy Too Much Like Bush

ABC News | ALICE GOMSTYN | Posted 07.31.2009 | Business


One of President Barack Obama's most prominent Wall Street backers gives him high marks on just about everything except his approach to Wall Street. ...

California's Ailing Economy Could Prolong US Recession

AP | JULIET WILLIAMS | Posted 07.30.2009 | Business


SACRAMENTO, Calif. — California faces a $24 billion budget shortfall, an eye-popping amount that dwarfs many states' entire annual spending plan...

Dear Mr. President

Ben Hecht | Posted 07.26.2009 | Business


Ben Hecht

A philanthropic collaboration of 21 of the world's largest foundations and financial institutions, Living Cities applauds the focused, inter-agency approach you are taking to revitalize industrial cities.

I Just Don't Get It

Larry Gellman | Posted 07.25.2009 | Politics


Larry Gellman

It seems pretty clear that Obama is actually insisting that we change the approach that led the economy off a cliff. I just don't get it.

Warren Buffett: U.S. Economy Still In "Shambles" (VIDEO)

Huffingtion Post/AP | Posted 07.25.2009 | Business


OMAHA, Neb. (AP) _ Billionaire Warren Buffett says the economy has not yet had any bounce and will take some time to recover. Berkshire Hathaway's ch...

Durable Goods Orders Rise Unexpectedly In May

AP | MARTIN CRUTSINGER | Posted 07.25.2009 | Business


WASHINGTON — Orders to U.S. factories for manufactured goods from computers to aircraft surged in May for a second straight month. And a gauge o...

An Oldie, but not so Goodie: Updating the U.S. Poverty Measure

C. Nicole Mason | Posted 07.19.2009 | Politics


C. Nicole Mason

There has been a lot of sexy talk about cutting poverty in half over the next 10 years. How is that going to happen if we don't have an accurate measure of how many poor people there are living in the US.

Building a National Innovation Movement

Gary Shapiro | Posted 07.18.2009 | Business


Gary Shapiro

Will we step boldly into the new economic reality with a plan for creating jobs? Or will we look to unsustainable government protections that will force the US to take a backseat in the new era?

Meltdown 101: Reform plan's impact on consumers

AP | DAVE CARPENTER | Posted 07.17.2009 | Business


American consumers have fallen victim to one financial scandal after another in the past decade, from accounting fraud at Enron to illegal late tradin...

The Case for a National Office of Transition

Robbie Gennet | Posted 07.09.2009 | Politics


Robbie Gennet

President Obama is seeking massive changes in the way the US is operating when it comes to energy, transportation, agriculture and labor, among others...