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According to Federal Reserve data, the Great Recession wiped out more than $16 trillion in household net worth, and more than two years into the recovery, households are still more than $7 trillion poorer than they were before the collapse.
Blog
Lew Daly
With the failure (a foreseeable and eminently welcome development ) of the so-called
Blog
Elon Green
The supercommittee's failure is producing a predictable rash of handwringing about America's broken democracy.
Blog
David Callahan
Now that the supercommittee has closed it's doors, Congress can get on with the all-important work of extending two of the most powerful stimulus measures in effect today -- the reduced payroll tax and extended unemployment benefits. Attentive students of Washington's now perpetual budget saga will
Blog
David Callahan
Energy Secretary Steven Chu testifying last week Talk about a waste of taxpayer dollars.
Blog
J. Mijin Cha
The existence of the U.S. middle class is in peril. Young people between the ages of 18 and 34 are living in a more fragile economic environment than 30 years ago. If something isn't done to help them lead more economically stable lives, they'll never make it into the middle class. That's the
In the media
Pamela Ferrara
Ok, it’s true. The Obama Administration did make an environmental decision based on politics and undue outside influence. But it’s not the one that you think.
Blog
J. Mijin Cha
A coalition of civil rights groups are preparing an amicus brief to defend the “No Representation Without Population Act” challenged in Fletcher v. Lamone. Maryland’s first-in-the-nation law requiring the state to count prisoners at their home addresses is protective of minority voting rights.
Press release/statement
If libertarians had been calling the shots in Washington in the fall of 2008, the United States might now be in a second Great Depression.
Blog
David Callahan
Another day, another misleading and false attack on clean energy funded by Koch Industries, which makes billions of dollars from a variety of polluting industries.
Blog
J. Mijin Cha