Weeks after a top White House official said no "serious economist" would consider 4 percent annual growth "within the realm of possibility," we almost reached that during one quarter. What do we say now?
When President Obama visits New Orleans today on the 10th anniversary of Hurricane Katrina, he will find the city whiter, wealthier, and more unequal than it was before the storm.
Call it “qualitative,” rather than “quantitative,” easing. It would increase the money supply invested in the real-world economy to create jobs, lift wages and create broad economic growth.
Companies are afraid to expand if no one is spending. The result is poor demand to guide the way to safe investment. But governments – the source of demand when people and companies are hunkered down – keep cutting back.
As Labor Day looms, more Americans than ever don’t know how much they’ll be earning next week or even tomorrow. It’s the biggest change in the American workforce in over a century, and it’s happening at lightening speed.
O'Malley's plan expands Social Security but goes beyond Social Security into savings, wages and long-term care. Sanders' earlier plan is similar but not as broad. Clinton has not yet offered a plan.
Only one in seven children who get help with food at school continue to get the food they need from summer programs. Many programs in low-income communities don’t qualify for summer meals under the current rules.
While Americans disagree on social issues like gay marriage and abortion, they’re actually pretty unified on the bread and butter economic issues that Bernie has made the core of his campaign.
Companies that did not use this tax dodge have already paid their taxes. Letting these multinational corporations off would reward the multinationals for dodging, and give them a tremendous advantage over companies that paid their taxes.
Employers treat replaceable workers as costs to be cut, not as assets to be developed. Replaceable workers almost never get paid family leave, they get a few paid sick days, and barely any vacation time.
America’s parasitical oligarchs are masters of public relations. One of their favorite tactics is to masquerade as defenders of the common folk while neatly arranging things behind the scenes so that they can continue to plunder unimpeded.
On the demand of oilmen for more profit, the Senate Energy Committee voted to end the 40-year-old ban on exporting American oil - giving oil-rich Middle Eastern countries additional power to crush the U.S. economy with another oil embargo.
Political insiders don’t see that the biggest political phenomenon in America today is a revolt against the “ruling class” of insiders that have dominated Washington for more than three decades.
In any society that winks as great stashes of wealth amass at the top, philosopher Elizabeth Anderson reminds us, the wealthy will sooner or later see most of the rest of us as failures.
As he rises in the polls and draws larger and larger crowds, Bernie Sanders is forcefully addressing structural racism, and its direct connection to economic inequality.
An attachment to a "must-pass" bill gives sacred Native-American land to a foreign mining company. How did this happen and what can we do about it?
The Greek debt crisis offers another illustration of Wall Street’s powers of persuasion and predation, although the Street is missing from most accounts. The crisis was exacerbated years ago by a deal with Goldman Sachs.
What European leaders don’t understand — nor do Republicans — is that in hard times, you can’t cut your way to prosperity. But when times are hard you need government to provide economic stimulus to grow your way to prosperity.
Hillary Clinton focuses not just on economic growth, but on fair growth that benefits everyone. Jeb Bush promises a 4 percent growth rate, but even if he succeeded the vast majority of the country would be left behind.
Republicans have shut down the Export-Import (Ex-Im) Bank as of midnight, July 1. Germany, Japan, China and many other countries have similar agencies. Now they will be picking up that business.
A financial crisis is being engineered to get people complaining about the "slow, inefficient" Post Office. It's time for the public to demand that Congress act to end the crisis.
New Fair Housing Act regulations issued by the Department of Housing and Urban Development are designed to help communities receiving HUD funding to identify and reduce barriers to fair housing choices.
The Greek crisis deepens. The European Bank refuses the aid needed to reopen Greek banks. Germany's Angel Merkel sees no basis for a new deal. The full catastrophe grows nearer.
A petition launched today calls on President Obama and Congress to urge the European Central Bank to support the Greek banking system while negotiations continue toward "a fair agreement" for the Greek people.
The Greeks have refused to accept the harsh punishment that Europe prescribed for them. Europe's effort to topple the Syriza government has failed. Now Europe must decide how it will react to the voice of democracy.
As election season heats up, it’s encouraging to see early childhood education getting serious attention. However, conversations about early childhood investments need to be ratcheted up a few notches.
Greece is now on the brink. The referendum on July 5 offers Greek voters only a choice of calamities. The common narrative of this crisis is deeply misleading. Greece's failure is, in the end, Europe's shame.
The Supreme Court's recent decision on housing discrimination is important in the fight against economic apartheid in America – racial segregation on a much larger geographic scale than ever before.
Three European leftist party leaders are appealing to lawmakers and activists in the United States to push the International Monetary Fund to stop the imposition of austerity policies in Greece.
Here are five examples, in just one of the 12 appropriations bills moving through the House, of how Republicans in Congress continue their assault on the basics we need for shared economic prosperity.
Police violence against unarmed African Americans occurs against a too-often-ignored backdrop of economic disparity that both fuels and informs the resentments and racial tensions behind the events.
What's the lesson that we need to learn from the Greek debt crisis? Unless you want U.S. streets overrun with motorcycles, we need to invest in our economy and oppose right-wing austerity policies here in America.
. Unjust police practices have fanned the flames of indignation in Baltimore, to be sure. But the roots of injustice and isolation run far deeper, and implicate decades of decisions by the region’s policymakers.
An Inspector General's report outlines how post officies could provide essential services to some 68 million Americans who don't have a bank account or depend on check-cashing and payday lending outfits.
New York City Mayor Bill de Blasio is right: The rules are rigged. When bankers confess to fraud and get not one day in jail, the rules are rigged for the rich. Workers, families and communities need new rules.
We don't live in a world where policy makers must choose between reducing wealth inequality or helping working-class Americans get ahead. In fact, it's impossible to address one without the other.
David Brooks argued that the re-election of British Prime Minister David Cameron proves that "The world has not turned left" and instead we are experiencing a "Center-Right Moment." This is demonstrably wrong.
At a site near the White House and at the Capitol, progressive leaders pressed agendas designed to end the era of extreme wealth concentration and replace it with economic growth built on shared prosperity.
Republican leaders can't keep their promise to cut spending down to a level not seen since before the New Deal. Capitulation is inevitable. They can admit it now, or pay a price later.
"Our results are inconsistent with the view that cuts in top state income tax rates will automatically or necessarily generate growth," says a report from the Tax Policy Center.