economic recovery

Unemployment IS Down: When Good News Really Isn’t

Dec 9, 2013
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.

Abenomics in 14 Words

Oct 19, 2013
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.
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Why This Is the Worst Recovery on Record

Apr 16, 2013
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.