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Tag: Economic Recovery

Dear Mr. President: Be Careful What You Wish For

Higher interest rates would triple the interest on the federal debt by 2026, would hurt workers and young voters and could bankrupt more than 20 percent of U.S. corporations.

Posted on Jun 12, 2017 READ MORE


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Demand for Loans From the World Bank Nears Crisis Levels

Developing countries are continuing to struggle with the weak global economy. The bank said it expected to lend more than $150 billion in the four years from 2013—a period when global economic activity repeatedly failed to match expectations.

Posted on Apr 13, 2016 READ MORE

Have We Hit Peak Inequality?

These 400 billionaires are wealthier than 190 million of their fellow Americans.

Posted on Dec 13, 2015 READ MORE

U.S. Economy Adds Too Few Jobs in September

Employers added a mere 142,000 jobs in September, the Labor Department announced Friday, suggesting that the U.S. economy is losing momentum after a second month of lackluster growth.

Posted on Oct 2, 2015 READ MORE

The Real Reason Inequality Is Widening and Average Working Americans Can’t Gain Ground

For the past quarter-century I’ve offered in articles, books, and lectures an explanation for why average working people in advanced nations like the United States have failed to gain ground and are under increasing economic stress.

Posted on May 4, 2015 READ MORE


Posted on Mar 14, 2015 ENLARGE

The Income Gap Between Races Is Wider Than It’s Been for Decades

Wealth inequality between whites and their black and Hispanic counterparts has reached its highest point since the late ’80s and early 2000s in the U.S.

Posted on Dec 23, 2014 READ MORE

Economic Recovery

Posted on Jan 2, 2014 ENLARGE

khawkins04 (CC BY 2.0)

Unemployment IS Down: When Good News Really Isn’t

Those who were heartened by the recent drop in the unemployment rate have less to cheer about than it seems as the gap between those with jobs, and those who have given up, yawns widely. The percentage of working-age Americans with jobs is still painfully low—and not likely to change soon as corporations hoard cash.

Posted on Dec 8, 2013 READ MORE

m-louis (CC BY 2.0)

Abenomics in 14 Words

Abenomics works much like Bernankenomics. In every case, looser monetary policies and tighter fiscal policies have generated more wealth for the 1 percent while working stiffs take it in the stern sheets. It all amounts to the same thing: Ferraris for the rich and bupkis for everyone else.

Posted on Oct 19, 2013 READ MORE

Republican Knife

Posted on Oct 8, 2013 ENLARGE

Pushy Congress

Posted on Oct 7, 2013 ENLARGE

Income Monopoly

Posted on Sep 20, 2013 ENLARGE

Economic Recovery

Posted on Sep 19, 2013 ENLARGE

GOP Wishes

Posted on Sep 18, 2013 ENLARGE

Economic Recovery Room

Posted on Sep 15, 2013 ENLARGE

Military Stimulus

Posted on Sep 7, 2013 ENLARGE


Posted on Sep 7, 2013 ENLARGE

Dam Austerity

Posted on May 1, 2013 ENLARGE

Image via Shutterstock

Why This Is the Worst Recovery on Record

The biggest economic debate is between Keynesians (who want more government spending and lower interest rates in order to fuel demand) and supply-side “austerics” (who want lower taxes on the wealthy and on corporations to boost incentives to hire and invest, and who see government deficits crowding out private investment). Both approaches have problems.

Posted on Apr 16, 2013 READ MORE

Image via Shutterstock

The Big Economic Stall

Perhaps the most disturbing aspect of all this is that we’re in the fifth year of a supposed economic recovery from the second-worst economic downturn of the past century, and we’re still not nearly back on track. Instead, we’ve had the most anemic recovery in history.

Posted on Apr 7, 2013 READ MORE

Economic Recovery

Posted on Mar 19, 2013 ENLARGE

Don Hankins (CC BY 2.0)

Shortchanged Workers Fuel the Missing Recovery

“Today the stock market is high not from profits from expanding sales revenues, but from labor cost savings,” former Reagan Treasury Secretary Paul Craig Roberts writes in CounterPunch.

Posted on Mar 6, 2013 READ MORE

Gas Price and Recovery

Posted on Feb 24, 2013 ENLARGE

Elvert Barnes (CC BY 2.0)

Youth Homelessness Abounds in America

The recession has left tens of thousands of young people with inadequate or no jobs struggling to find a home, even if they possess college credits or work histories.

Posted on Dec 21, 2012 READ MORE

Robert S. Donovan (CC BY 2.0)

Third-Quarter Economic Growth Beats Expectations

The good news for President Obama and many Americans is that the economy grew by a 2 percent annual rate in the third quarter. The bad news is that that’s not enough to calm private sector fears that economic conditions will worsen.

Posted on Oct 26, 2012 READ MORE

Mission Impossible

Posted on Aug 28, 2011 ENLARGE

Obama Going Gray

Posted on Aug 6, 2011 ENLARGE

Wrong Track

Posted on Jun 12, 2011 ENLARGE

window shoppers
Flickr / specialkrb

U.S. Economy’s Recovery Slows

After climbing 3.7 percent in the first three months of the year, the U.S. economy grew just 2.4 percent in the second quarter, an underwhelming performance that reinforced the reality that the recovery is struggling to find some footing.

Posted on Jul 30, 2010 READ MORE

Flickr / chatswoodfp

Corporate America’s First-Class Recovery

While the rest of us patiently await the signs of economic recovery, corporate America has apparently skipped to the front of the line: Major companies are expecting to announce some of their highest profits in years.

Posted on Jul 11, 2010 READ MORE


Hey, Big Spender: Obama Talks Stimulus

Barack Obama is coming out of the gate with quite the to-do list, not the least part being his new economic recovery plan, which carries quite the price tag at about $1 trillion. What is he thinking? Here, Obama gives some details in his weekly online address.

Posted on Jan 24, 2009 WATCH & LISTEN

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