Builders are only adding about 450,000 single family units per year. Total starts including multifamily over the past 12 months were 653,000. Meanwhile, the US…
For this generation of young people, the future looks bleak. Only one in six is working full time. Three out of five live with their…
Robert Reich.
Chancellor’s Professor of Public Policy, University of California at Berkeley; Author, ‘Beyond Outrage’
The Commencement Address That Won’t Be Given
Members of the Class of 2012,
As a former secretary of labor and current professor, I…
Medicare is an example of an unsustainable system that will go away in the decade ahead.
Here are the sobering facts about the number of workers and those drawing Social Security, Medicare and Medicaid entitlements in the U.S. While the g…
Let’s pretend student loans aren’t just a stupendous and highly profitable scam being run on the youth of America. Of course pretending doesn’t make it so.
We have a “let’s pretend” economy: let’s pretend the unemployment rate actually reflec…
July 28, 2011
A Recovery That Repeats Its Painful Precedents
By BINYAMIN APPELBAUM
WASHINGTON
Earlier this year, as the economy began to sputter, Ben S. Bernanke, the chairman of the Federal Reserve, was asked about the historical evidence that recov…
