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HOME > USA > ECONOMICS


The Economic Elephant in the Room: Widening Inequality

Four years into a so-called recovery and we're still below pre-recession levels. The recovery isn't just losing steam. It never had much steam to begin with. That's because so much of our debate over economic policy has been beside the point


Austerity Leaves Us Crying '96 Tears'

Harvard economists Carmen Reinhart and Kenneth Rogoff wrote an economic paper that made champions of austerity happy. They did not discourage the austerians and basked in their global celebrity. Until a team of economists exposed their work as a sloppy scholarly fraud

Tracking CEO Pay

America's big-time CEOs are making 354 times the pay of average U.S. workers. In 1982, American CEOs averaged just 42 times more than average U.S. workers; in 1992, 201 times; and in 2012, 281 times. The overall trend line couldn't be clearer. How can we reverse it?

The Contest Over Defining Our Biggest Economic Problem

The biggest problems we face are unemployment, stagnant wages, slow growth and widening inequality -- not deficits. The major goal must be to get jobs and wages back, not balance the budget

The Minimum Wage and The Meaning of a Decent Society

The proposed increase puts more money into the hands of families that desperately need it, allowing them to buy a bit more and thereby keep others working. A decent society should do no less. Some conservatives say decency has nothing to do with it

The Hoax of Austerity Economics

We are in the most anemic recovery in modern history. The president talks about boosting the economy and rebuilding the middle class, but Washington isn't doing squat. Apart from the Fed, the government is heading in exactly the wrong direction

Why We Must Stop Obsessing About the Budget Deficit

I wish President Obama would explain to the nation that the federal budget deficit isn't the nation's major economic problem and deficit reduction shouldn't be our major goal. Our biggest problem is lack of good jobs and sufficient growth

Christmas-Shopping Season Highlights Plight of Retail Workers

We're officially into Christmas buying season -- when consumers determine the fate of retailers and, indirectly, the American economy. What's often forgotten is that consumers are also workers, and if their pay doesn't keep up, they can't keep the economy going

The Holiday Shopping Guide for Hard Times

Whether you're unemployed, underemployed or self-employed you're probably feeling the effects of this economic downturn in one way or another. And yet the holidays are the holidays

Capitalism Is Not Dying

Capitalism is not facing any sort of crisis, but rather is just being subverted by socialists, Wall Street con artists and various anti-capitalist wishful thinkers who are corrupting the once-straightforward relationship between work and benefit

The Stealth Sequester

So far, the much-dreaded 'sequester' -- some $85 billion in federal spending cuts between March and September 30 -- hasn't been evident to most Americans. Take a closer look, though, and Americans are starting to feel the pain. They just don't know it yet

Why There's a Bull Market for Investors and a Bear Market for Workers

American workers remain in a bear market. The percent of working-age Americans holding jobs is the lowest it's been in decades. Wages, meanwhile, continue to fall behind inflation. Yet investors are experiencing one of the most bullish markets in recent memory

The Non-Zero-Sum Society

Not even the very wealthy can continue to succeed without a broader-based prosperity. That's because 70 percent of economic activity in America is consumer spending. When most Americans are becoming poorer, they're less able to spend

Raising the Minimum Wage Would Boost Economy

Critics claim that raising the minimum wage always results in job losses, but recent research doesn't bear that out. Modestly raising the federal minimum wage creates jobs by getting money to families who would spend it and stimulate the economy

The Crisis of the Middle Class and American Power

United States power is threatened by the decline of the middle class and the potential creation of two Americas without a common interest

Grow the Economy by Growing the Debate About It

Whether or not we go over the fiscal cliff, around the fiscal curve, or down the fiscal slope remains to be seen but one thing is already certain: Our political debate has already gone over the cliff

The Great Decoupling

Wages as a share of GDP are now at an all-time low, even as corporate profits are now at an all-time high. The implicit bargain that gave workers a steady share of the productivity gains has unraveled

Banking on the Poor

What's a fair interest rate to pay on a loan? If you think 300 percent is no big deal, you can stop reading. But if you'd be outraged to learn that some of the biggest banks charge exorbitant interest on their most vulnerable customers, you might want to read on

Half-Baked Economic Theories Continue to Direct Global Economy

I am not writing this to pile on two Harvard economists who put the Western world into economic mess. I am concerned about the policy professionals who accept such economic propositions even when they seem self-evidently too good to be true and defy common sense

A Shortage of Mercy

As the economy twists downward for most of us -- as the politics of money tightens like a noose around everything we love -- I think about the disintegration of human values, which insane logic and the Republicans tells us we can no longer afford

Poverty Still America's Vicious Cycle

Why are some people stuck in poverty? Dr. Ruby Payne wants to let you in on the secret. With a Ph.D. in educational leadership, she writes prescriptions for addressing the scourge of poverty

Government Spending That Isn't Smart

Building roads and schools is a big reason why God created Democrats in the first place. And identifying the Next Big Thing -- and taking credit for it -- is something of a vocation for many liberal policymakers. But are these really the drivers of economic growth?

Time to Break Up the Biggest Wall Street Banks

The biggest Wall Street banks are now far bigger than they were four years ago when they were considered too big to fail. The five largest have almost 44 percent of all U.S. bank deposits. A decade ago they had just 28 percent

The Hoax of 'Entitlement Reform'

It has become accepted American economic wisdom that the only way to get control over America's looming budget deficits is to 'reform entitlements.' This accepted wisdom is wrong

Report Highlights Economic Threat of Hacking

Officials say hackers pose a threat to the nation's economy and accuse China of carrying out the most cyber-attacks. Some estimates put the cost to the U.S. economy at tens of billions of dollars each year


The 'Land of Opportunity' is Becoming Hollywood Fiction

Opportunity for everyone is fast becoming Hollywood fiction. Ironically, Hollywood may be one of the few pockets where upward mobility is based on merit. Silicon Valley is another. But for the vast majority another story is emerging: a new plutocracy of the super-wealthy is cementing its hold on the top

The Fiscal Cliff: False Fears and Horrors

Don't fall for the hype. The fiscal cliff is not a product of nature. Essentially, Congress is threatening to blow up the economy unless Congress agrees not to blow up the economy


Another Side of Economic Inequality

You've no doubt heard about our widening gap between the rich and the poor. But did you know that the gap between the rich and America’s middle class is growing almost as fast?

Don't Cut Our Kids Out of the Budget

America's security and prosperity depend on our children's ability to drive the economy of the future

Fix the Minimum Wage

In most states, working full-time in a minimum-wage job pays $7.25 per hour. That's just $15,000 a year for full-time work. It's not enough to live on

AT&T's Upside-Down World

If we had actual competition for mobile phone services in America, AT&T's decision to charge you more for less would never fly

Rooting Out Fake Job Creators

Without serious accountability, the rallying cry for more 'job creation' is likely to amount to nothing more than empty rhetoric

A Modest Proposal: Three Weeks of Paid Vacation

Here's a modest proposal I offer free of charge to President Obama and Mitt Romney: Every American should get a mandatory minimum of three weeks paid vacation a year

The Paul Ryan Choice

Paul Ryan exemplifies the social Darwinism at the core of today's Republican Party: Reward the rich, penalize the poor, let everyone else fend for themselves

We're All Subsidizing Free Lunches for America's CEOs

It's time to close the tax loopholes that subsidize runaway executive compensation

Outsourcing Is Not the Problem

Forget the debate over outsourcing. The real question is how to make Americans so competitive that all global companies -- whether or not headquartered in the United States -- will create good jobs in America

Marching Toward Greater Inequality

The world's super rich, according to a new report, are squirreling away phenomenal quantities of their cash in secret tax havens

Walmart: 50 Years of Gutting America's Middle Class

Walmart's explosive growth has gutted two key pillars of the American middle class: small businesses and well-paid manufacturing jobs

Save Austerity Measures for the Next Economic Boom

There are two competing theories on how to pull us out of the economic slump we're in, but you'd hardly know it from the debate going on in Washington

Why The Economy Can't Get Out Of First Gear

Rarely in history has the cause of a major economic problem been so clear yet have so few been willing to see it

Republicans and Democrats Playing Game of Economic Chicken

With the election behind us, I had hoped our politicians would get beyond games of chicken. No such luck

The Trojan Horse in the Debt Debate

A major player in the debt crisis debate is a new corporate coalition called 'Fix the Debt.' They've recruited more than 80 CEOs of America's most powerful corporations and raised $60 million for a big media and lobbying blitz

A Vanishing Act for Good Jobs

For those on the economic ladder's lowest rungs, the middle rungs have almost completely disappeared

Economic Recovery Hinges on Re-Creation of 'Basic Bargain'

The deeper question is what should be done starting in January to boost a recovery that by anyone's measure is still anemic. In truth, not even the Jobs Act will be enough

Tips for Adapting to the New Global Economic Reality

Forget relying on politicians to determine your economic fate. Take charge of your own situation. Here's how

Percolate-Up Economics

Every dime of a minimum-wage hike is spent by its recipients -- circulating upward in our local economies as they increase their purchases of such basics as food, kids' clothing, and health care

No Need for a Witch Hunt Over Executive Pay

Income inequality is rising in most rich countries, and has been for many years. People are angry, especially in these tough times

Curiosity -- America's Endangered Triumph

The landing of the Rover Curiosity on Mars is a triumphant historic achievement, but the current state of curiosity-driven research may endanger America's capacity for future innovations

Turning College Students into a Commodity

Looking at America's trillion-dollar student debt crisis, free-market purists have had a revelation. The crisis can be healed by getting government out of the student loan business. In other words, turn students into Wall Street commodities

Financial Markets, Politics and the New Reality

There is the idea that political decisions are unpredictable, or less predictable than economic decisions. I would argue that political decisions are predictable

Economic Rapture Might Be Around the Corner

If the deficit disappears, our economic nightmare might finally come to an end

We Can't Put a Price on Nature

The greenwashed economy threatens our ability to pursue sustainable development

The Local Beer Boom

And now, for some happy talk -- by which I mean a non-corporate, 'little-d' democratic, and altogether pleasurable economic development that's spreading across our country. In a word: beer

The Dead-End Servant Economy

We're facing an economy where serving rich people increasingly seems to offer the best future with real opportunity. We're well on the way to becoming a full-fledged 'servant economy,' as the economist Jeff Faux puts it

Q&A with Joseph Stiglitz: 'The Price of Inequality'

Joseph Stiglitz spoke with Global Viewpoint Network editor Nathan Gardels about his new book, 'The Price of Inequality'

8.1 Percent, 7.8 Percent -- Whatever

To the Americans unable to find work, to college graduates who can't get a job, to the underemployed, and to those who have given up looking for work altogether, a 7.8 percent unemployment rate is meaningless. The economy stinks

Slowdown of the Chinese Economy Pushing The World Towards New Crisis

The slowdown of the Chinese economy is pushing the world towards a new crisis. A hard landing in China could expose a large number of countries to unforeseen consequences and dash hopes of a global recovery

Mitt Romney's Question-Mark Economy

We're closing in on Election Day, but the questions about what Mitt Romney and Paul Ryan would do if elected are only growing larger. Rarely before has a presidential ticket campaigned on such a blank slate

A Bold New Call for a 'Maximum Wage'

A national labor leader aims to expand the economic fairness debate

The Rich Grabbing Bigger Slices of Pie

In countries that go soft on taxing the rich, top business executives have a huge incentive to game the system and to squeeze out every bit of personal profit their power enables

The Terrible Economy and the Anti-Election of 2012

The worst economy since the Great Depression and you might think at least one of the candidates would come up with a few big ideas for how to get us out of it

The Libor Scandal: Blame Barclays Not Capitalism

Why aren't more people furious about the Libor scandal? That's a question mostly being asked on the political left these days, and they're right to ask it.

Coming Soon to Wall Street: The Biggest Scandal Yet

Just when you thought Wall Street couldn't sink any lower, an even deeper level of public-be-damned greed and corruption is revealed

Cutting Pentagon Fat

Here's a way to reduce the military budget without threatening national security

21 Trillion Dollars Hidden in Tax Havens

The global economic downturn is affecting national governments, companies, business, and ordinary citizens. It basically affects everything and everyone -- except the super-rich

Action on Jobs

This economy is in trouble. Jobs are scarce, wages are declining, health benefits are being reduced and basic services -- from teaching to policing to food safety inspection -- are being cut


The Upside of the Downside

One of my heroes, Irving Kristol, used to say that there's nothing wrong with the country a bad recession couldn't fix


Obama's New Global Posture

Tough economic times are often met in Washington with calls for retrenchment. But for decades, long-term forward deployments of U.S. forces and robust alliances have guaranteed stability and uninterrupted trade, the very conditions the United States needs for economic prosperity. The Obama administration gets it

Trading Up in Asia

The Trans-Pacific Partnership could add billions of dollars to the U.S. economy and solidify Washington's commitment to the Pacific. But if the Obama administration fails to calm critics of the deal, there is a growing possibility that it could collapse

Bank of America's Healthier Roots

Founder Amadeo P. Giannini built a booming business while helping others improve their lot and their communities

Wall Street's Speed Freaks

The high-frequency trading that dominates the stock market could trigger another global financial crisis

Grassroots Victory Over Big Business

A coalition of big corporations has lost a battle to nab a huge tax break

This Economy Stinks Worse than You Think

Too many top economic commentators are drawn from a pool of talking heads and economists who treat the welfare of corporations as a top priority

The Decline of Labor and the Future of the Middle Class

Over the last few decades, unions' influence has waned and workers' collective voice in the political process has weakened. Partly as a result, wages have stagnated and income inequality has increased

Why Europe's Double Dip Could Lead to One in United States

A recession in the world's third-largest economy (Europe) combined with the current slowdown in the world's second-largest (China), spells trouble for the world's largest -- the United States

How 'Shadow Inventory' Hurts the Housing Market

There were high hopes that 2012 would be the year when the housing market, battered by the explosion of the real estate bubble, would finally begin to recover. But any good news on the housing front has quickly been followed by negative news

3 Reasons Not to Panic About the March Jobs Report

Given the rocky recovery, it may be easy to see sputtering job growth as a reason to fear the worst. Here are a few reasons to fret a little less about the slowdown

Invoking Fake Job Creators to Cut Taxes on the Rich

The 'job creators' that House Speaker John Boehner doesn't want to tax aren't creating many jobs

The Most Lopsided Economic Recovery On Record

Luxury retailers are smiling. So are sellers of upscale cars and personal coaches. For them and their clients the recession is over. But the rest of America isn't enjoying an economic recovery

The Far-Reaching Effects of the Generational Wealth Gap

Young Americans are struggling to build wealth following the Great Recession

Maybe the Young Aren't Taking Over the 1 Percent

The 20-something founders of Instagram and Facebook are high-profile but don't make for a trend

Slipping Chinese Growth Could Hurt U.S. Exports

China's GDP growth has fallen significantly. Here's why it matters in the U.S.

America's Day of Reckoning is Here

Even while we see jobs coming back, the tsunami created by the Great Recession is now hitting cities and counties with full force

What's Good for the CEO May Be Bad for Business

Today's corporate elites should stop pushing for austerity for the many and prosperity for the few and embrace Henry Ford's strategy of shared prosperity

Could the Rosy Jobs Numbers Be a False Spring?

Some experts say an unseasonably warm winter could be skewing employment numbers

Lack of 'Rainy Day Funds' Bringing Consumers Down

Despite a recent stream of encouraging economic news, more Americans are worried about their finances than a year ago. A lot of it has to do with Americans' record as savers

2012 Job Gains: This Time, It's Different

Even casual observers might point out that the 2012 jobs numbers could look an awful lot like 2011. Yet economists have plenty of reason to be more optimistic this time around

The Manufacturing Myth

Suddenly, manufacturing is back -- at least on the campaign trail. But don't be fooled. The real issue isn't how to get manufacturing back. It's how to get good jobs and good wages back. They aren't at all the same thing

The Myth of Economic Inequality

Richer rich people aren't hurting anyone, experts say even if it can be tougher to join them

Occupy Wall Street Must Learn That We Are What We Buy

The core problem behind inequality is an economy driven by hyper-consumption

Six Unusual Economic Indicators

Sometimes the skirts at the mall or the price of a Big Mac can say a lot about the economy's health. Here are a list of the unorthodox ways to track where the economy is and where it's going

Housing Market Improves, but Growth Years Away

Many economists predict 2012 will be the year the economy turns around and permanently ends the Great Recession. But does the closing chapter of the Great Recession also signal an end to the housing slump?

Improving Economy Driving Independents Back to Obama

The improving economy is aiding the incumbent, President Barack Obama, rather than spelling his demise

Good News and Bad News about GDP Growth

Only 0.8 percent of the growth came from actual sales of goods and services. The other 2 percent came from businesses building up their inventories. What does that mean? Here are two possible interpretations

Over-Saving Caused the Economic Crisis

As the United States struggles to revive its stagnated economy, James Livingston defies conventional wisdom about saving and economic growth

Global Economy: The Have-Littles and the Have-Nots

Remember the old days when leaders of developed nations would hold summits to decide how to solve the plight of the world's poor? Now they ARE the world's poor

The Robin Hood Tax

Finance should once again support the real economy of goods and services

Austerity Strategy is Fatally Flawed

Economists continue inveighing against austerity strategies. But none of them seem capable of explaining in plain, simple language why imposing austerity now is utterly foolhardy -- in fact, just plain stupid

Waiting for Copernicus

The global economy is finally shifting away from the model that prevailed for the last three decades

Why the 'Pro-Growth Centrists' are Wrong

Fairness isn't inconsistent with growth. It's essential to it. The only way the economy can grow and create more jobs is if prosperity is more widely shared

Worker-First Philosophy All Too Rare

A work environment where relatively few people do astoundingly well while everyone else worries that their economic lifeline could be pulled away at the next downturn is not a solid foundation for long-term, broadly shared prosperity or human fulfillment

'Say on Pay' Votes Battle Back Against Income Inequalities

It is a good day for working-stiff schadenfreude when top executives at Citigroup are told by company shareholders that they don't deserve millions of dollars in compensation. Hurray for the 99 percent

Citigroup Vote Not the Start of a Trend

The vote against CEO Vikram Pandit's pay package is more about Citi's performance than outrageous executive pay

How Long Will the Pain at the Pump Last?

One of the most imminent threats to the economy is one that Americans experience each day. Gas prices, which had held steady in the last year, recently shot up

Is Your Bank To Blame for Pain at the Pump?

It's not just the increasing cost of crude oil that's pushing up prices at the pump. Card companies such as MasterCard and Visa also have a hand in skyrocketing fuel costs

Car Sales Soar Even as Gas Prices Do, Too

Analysts say pent-up demand has primed the pump for a banner year in auto sales

The Second Oil Revolution

Given that North America in general and the United States in particular might soon be completely autonomous in natural gas production and within a decade without much need of imported oil, life as we have known it for nearly the last half-century would change radically

We Are All West Now

The market economy model invented and practiced by the West is no longer working. China is the dominant country in the eastern camp in such discussions. So what has caused such anxiety in the West?

Three Ways to Revive Our Sluggish Economy

Tax reform, investment in infrastructure, and a deficit reduction plan along the lines of Bowles-Simpson would jumpstart the stunted recovery

Consumers Still Buried In Credit Card Debt

Americans racked up $48 billion dollars in new credit card debt in 2011 according to a recent study

Job-Killing Tax Breaks

If the government is going to give anyone tax breaks, they should give them to people like me before I became an entrepreneur

Deja View: Consumer Confidence Back Where it Was a Year Ago

Consumer confidence took a sharp jump in February, the Conference Board reported -- but the widely-followed index of consumer attitudes is still below where it was a year ago

Starving Public Universities Shrinks the Middle Class

America is already making it harder for young people of modest means to attend college. Public higher education is being starved, and the middle class will shrink even more as a result

A Farewell to Fossil Fuels

With the costs of oil and coal rising, the United States needs to wean itself off fossil fuels. The task might seem quixotic, but it actually will not require miracles

Could Strong Chinese Currency Boost U.S. Economy?

If Chinese currency gains international dominance, the U.S. economy might benefit

The Downward Mobility of the American Middle Class

January's increase in hiring is good news, but it masks a bigger and more disturbing story -- the continuing downward mobility of the American middle class

Unemployment: Fudging the Numbers

The Obama administration is touting the latest unemployment numbers as proof its policies are working. But a closer look at the actual number of able-bodied people who are willing to work, but are not, reveals a different picture

Why the Fed is Lukewarm on the Economic Recovery

Employment and GDP have been improving, but the Fed's outlook remains gloomy. Check out why

Europe Needs a Marshall Plan

The eurozone crisis needs to be contained. If it isn't, a deep European recession could dash the slight upturn in the US economy

Immobility Nation

For most in the United States, the concept of America as the land of opportunity is just a fable

United States 'Saudi Arabia of Natural Gas'

President Obama called America the 'Saudi Arabia of natural gas' and said the country should start using natural gas to power more cars and trucks

Will Gas Prices Grow to $5 a Gallon?

Buzz about the possibility of gas costing $5 a gallon this summer caused quite a stir recently, but could prices really spike that high come June?

Fed Opens Up on Interest Rate, Inflation Predictions

The Federal Reserve won't be changing interest rates anytime soon, but it is changing its policy on how it talks about its interest rate policy

The Tinderbox Societies

Corporate profits are up, and profits are up largely because companies have figured out how to do more with less

The Job Stall

However one looks at recent jobs reports, it's a stunning reminder of how anemic the recovery has been -- and how perilously close America is to falling into another recession

Why Fairness is Essential for Economic Growth

The nation faces two giant deficits. Unless the rich pay their fair share of taxes, both will only become worse

Tax Dollars and (Common) Sense

Middle-class Americans are struggling daily to find jobs, pay their mortgages, send their kids to college and keep food on the table. Meanwhile, the ultra-rich are reaping benefits unavailable to the rest of us

The True Lessons of the Great Recession

In an effort to pump up growth, governments spent more than they could afford and promoted easy credit to get households to do the same. This engineered growth proved unsustainable

Why Being 'On The Right Track' Isn't Enough

So far your election strategy can best be summed up as: 'We're on the right track, my economic policies are working, we still have a long way to go, but stick with me and you'll be fine.' I'm afraid this won't be enough to win you the election

Mortgage Lending Lags Pick-Up in Consumer Credit

Amid all the complaints about the slow economic recovery and sluggish labor market, there's been one recurring gripe that many experts blame for economy's seeming inability to bounce back: bankers have been a bunch of tightwads

Where We Dwell Is Changing Fast

Owning your own home makes a lot of sense. Or at least it did, back when workers enjoyed steady jobs and when mortgages were owned by the bank downtown

We're Turning America into a Giant Casino

The only sure winners are the organizers -- casino owners, state lotteries and con artists of all kinds. Yet America is now opening the floodgates to organized gambling

Labor Market Showdown: The Employed vs the Unemployed

Employed Americans present stiff competition as they vie with the unemployed for job openings

CEOs Bullish on Economy but Will Wait and See on Jobs

CEOs have a much rosier outlook for the future than they did just three months ago ... but don't count on a huge influx of new jobs just yet

No Magic Bullet for the Price of Gas

The world market has more effect on gas prices than the president or 'drill, baby, drill'

Bye-bye American Economic Pie

First, the good news. The economic pie is growing again. Here's the bad news. The share of growth going to American workers is at a record low

Pumping Gas Prices for All They're Worth

Can the United States economy survive $5-a-gallon gas?

Extra Dollars You're Paying At Pump Going To Wall Street Speculators

The current surge in gas prices has almost nothing to do with energy policy. It doesn't even have much to do with global supply and demand. It has most to do with America's continuing failure to adequately regulate Wall Street

Why Americans Are Paying More At the Pump

Here are a few more reasons why even higher gas prices may be on the way this spring and summer

United States Can't Control the World Oil Market

We need to prepare for a world with permanently higher gasoline prices

Tensions in Middle East Fan Fears of Sharp Gas Price Hikes

Middle East turmoil and refinery closures could mean pain at the pump for consumers this spring

Inflation Outpacing Compensation for U.S. Workers

The economic recovery seems to be picking up steam. But according to new data from the U.S. Department of Labor, the average American worker may be having a tough time just keeping up

Are Student Loans the Next Debt Bomb?

An increasing number of Americans are buckling under the weight of mounting student loan debt and the fallout could look a lot like the nation's catastrophic mortgage meltdown, experts say

One Key Sector That's Still Shedding Jobs

Government, which accounts for about 17 percent of the nation's workforce, has lost about 60,000 jobs since 2009, with no sign that the gradual downdrift in employment will turn around any time soon

Globalizing Private Sector, Government Overwhelmed by Corporate Money

Obama believes government has a vital role in creating good jobs in America. Romney and Gingrich say American business will create good jobs here if their taxes are lowered and regulations eased. The facts are on the president's side

Americans Spent Less:
Why That's a Good Thing

A return to a higher savings rate, say some experts, is fundamental to restoring a healthy economy, even if it means a temporary drag on spending

Are We Entering a Jobless Recovery?

Economists fear that the U.S. is entering a jobless economic recovery. If economic expansion continues without adding a significant number of jobs, many unemployed workers will simply be left behind

GDP Growth Fastest Since Early 2010

GDP growth has sped slightly, but recovery could remain slow, prolonged

Obama to Save Economy With More Tourist Visas?

President Obama's plans would make it easier for Brazilian and Chinese visitors to get tourist visas

Will Obama's Mortgage Refinance Plan Be D.O.A.?

President Obama unveiled an ambitious mortgage refinancing program during his State of the Union speech, but some experts say the new plan is a whole lot of politics without much policy to back it up

United States Must Reform Legal Immigration

The immigration debate tends to focus on illegal entry and border security; however, reforming the process for legal immigration is of vital importance to the country's economy


Top 5 Global Risks for 2012

Lower Inflation Gives The Fed More Leeway in 2012


What's in Store for Jobs in 2012?

Our Challenge for 2012: Get Americans Working

The Rebirth of Social Darwinism

Homegrown Obstacles to the Economic Recovery

Does Extending Jobless Benefits Help the Economy?

Men Continue To Fare Badly in This Economy

Public Blames Congress, Not Obama, For Sour Economy

Restore the Basic Bargain

5 Reasons the Economy Will Be Better in 2012

H-1B Workers in a State of Indentured Servitude

Abuse of the H-1B Visa Program Is Widespread

H-1B Visas a Symptom of Special-Interest Influence

More Green Cards, Not H-1B Visas, Is the Real Fix

A Main Street Jobs Agenda

Who Says Wall Street Isn't Hurting?

Road Map to a Housing Rebound

Housing Prices Drop Back to 2003 Levels

A Strong Recovery Remains Elusive

An Economic Loser in the Long Run

We Are Creating a Dependency on H-1B Workers

Unfilled Positions Reduce Productivity

H-1Bs Are Simply Too Difficult to Get

Most Immigrants Create Jobs

We Need to Focus on the 99 Percent

A More Permanent Solution Is Needed

Keynesian Policies Have Failed

Many Time-limited Tax Breaks Never Die

Extending Payroll Tax Cut Will Extend U.S. Debt

What Happens If We End the Fed?

 

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