Economy

Over half of America has already felt the Great Recession, personally and profoundly. Yet life at our economy's summit remains ever so sweet. That's a bitter reality we really ought to start confronting. The ranks of the hurting — in Great Recession America...

President Obama gave a major talk on the economic crisis today. While the choice of Las Vegas for its location might be considered ironic, given the fact that Big Bank gambling created the crisis, there's good news: The President's speech could serve as a blueprint...

The real jobs and deficit test is coming when the Bush tax cuts for the wealthy expire this year. If Congress lets them expire, deficit fears go away and there will be money to create jobs, maintain and modernize infrastructure, make the nation competitive in world...

It appears that the Senate, which shamed itself last week by refusing to take action on a jobs and tax fairness bill, will have an opportunity to redeem itself somewhat with a vote on extended unemployment benefits. The House attempted to pass by voice vote this...

The real deficit is jobs. That is one more of those things that everyone can see in front of their faces, but we're told it isn't what it is. There aren't enough jobs, and we're being told this is our fault because we wanted pensions and good wages and vacations and...

The unemployment crisis is startling to looking a lot like the gusher in the Gulf, except that where there may not be much political leaders can do about that, there are things that can be done about unemployment. The difference is that they are choosing not to do...

Oh, the irony. As Defense Secretary Robert Gates was on Capitol Hill today telling a Senate appropriations subcommittee that Congress has to approve a $33 billion supplemental war funding request by July 4 or else "we begin to have to do stupid things," the Senate did...