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Channel: It Does Not Add Up » Great Recession
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Where Are the Jobs? III. The Real Inequality Gap

  Today’s Wall Street Journal has a story “Job Gap Widens in Uneven Recovery”, which shows how unbalanced the economic recovery is.  For workers aged 25 and older, unemployment is only 6%, compared to...

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How to Create a More Just and Equal Society

  In a recent Washington Post column, “Government is Not Beholden to the Rich”, the economics writer Robert Samuelson shows that the federal government is actually “beholden to the poor and middle...

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The Economic Outlook: 2014 – 2024 I. The Basic Data

  The Congressional Budget Office has just issued the report ”The Budget and Economic Outlook: 2014 to 2024”, giving its usual objective and nonpartisan look at our prospects for the next ten years....

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A Rescue That Worked But Left a Troubled Economy

  The occasion of the publication of Timothy Geithner’s book “Stress Test,” giving his version of the financial crisis, has led to a number of newspaper articles looking back at the Great Recession and...

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A Recovery Stymied by Government?

  Why has the recovery from the Great Recession of 2007 – 2009 been so slow?  Many mainstream economists blame structural problems in the economy such as more global competition for business and...

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The American People Are Amazingly Upbeat!

  I think of myself as a political moderate, conservative on fiscal matters and somewhat liberal on social issues.  My blog posts are usually based on a recent newspaper article or think tank study...

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Paul Krugman: “Debt Is Good”

  Every Monday and Friday morning when I pick up the New York Times, I immediately turn to the OP-ED page to see what liberal icon Paul Krugman is saying. In his most recent column, “Debt Is Good,” he...

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