Articles in the Economy
by John Marra
Not sure who will read this, but I saw Mr Cerf on CSPAN this morning and he got me thinking.
I’m a recently unemployed Detroit union autoworker. This whole Detroit situation was completely avoidable …
by Robert Reich –
The biggest thing to happen to me this year was the birth of my first grandchild, a little girl named Ella. I know this kind of thing happens all the time and …
by Brian Purnell –
Last year, according to the New York Times, the average debt in the United States was $121,650, while the average savings was just shy of $450. You don’t need a PhD in …
by Robert Brent Toplin –
Customers at my local Barnes & Noble store are likely to get the impression that books about Franklin D. Roosevelt are all the rage these days. When they stand in line …
by Robert Reich –
The National Association of Realtors said today that home prices have now dropped to the point where they’ve wiped out all the gains in housing prices since 2004. 2004, not incidentally, was …
by Charley James –
A few nights ago, Rachel Maddow was discussing the Wall St. bailout on her MSNBC show with guest Dr. Laura Tyson.
Tyson, a former economics advisor to Pres. Clinton and now a professor …
by John Peeler –
It is a commonplace these days to argue that the Bush administration helped to bring on the worst economic crisis since the Great Depression by clinging blindly to the dogma of the …
by Carl Bloice –
It’s probable that by the time this is read, officials in San Jose, California, will have eliminated athletic programs from all 11 of the city’s high schools. It might not seem like …
by Gene Rothman –
A new Goldilocks gauge has gripped the Guardians of Greed. Too Big to Fail (TBTF) used to be one size fits all. Big corporations would be bailed out only if they were …
By Denis Campbell –
New York City suburb, Greenwich, Connecticut, has 55 houses for sale asking $9 million dollars or more. Staff at East Hampton Airport on Long Island, a scene of private Gulfstream jet gridlock, …
by Charley James –
In the 1950s, “Engine” Charley Wilson – then chairman of General Motors – said “What’s good for GM is good for America.”
We’re about to find out that the reverse is also true.
Sphere: …
by Robert Reich –
The government is doing a lousy job helping distressed homeowners. And according to John Dugan, the Comptroller of the Currency, the little that’s been done has had surprisingly little effect. Nearly 36 …
by Robert Reich –
Friday’s employment report, showing that employers cut 533,000 jobs in November, 320,000 in October, and 403,000 in September — for a total of over 1.2 million over the last three months — …
by Sherwood Ross –
Who says there are no slaves in America? The greatest domestic issue facing President-elect Obama is not the bailout of the bankers and insurers but the task of lifting tens of millions …
by John Paul Rossi –
The other week, the appeal of the Big Three’’s executives for a $25 billion taxpayer bailout for their desperately ailing firms failed. Neither the fractious lame duck Congress, nor the Bush …
by John Paul Rossi –
The United States is in the midst of the worst financial crisis since the Great Depression. The question is: How close are we to another Great Depression?
The answer is: Very close. …
