St. Louis Fed: Household Wealth Still Well Below Pre-Recession Average
Half of lost wealth unrecovered
Recession
Stocks Flatten On Report of Shrinking GDP
It's temporary, say the experts. Cross your fingers.
Europe's Political Leaders Predict Growth, But Businesses Foresee Tougher Times
Reality trumps parliamentary happy-talk
When Cities Go Bankrupt
Municipal failure is bad for creditors and unions, but potentially good for taxpayers.
U.S. Economy Shows Signs of Screeching to a Halt
Sales have yet to catch up with inventory, so a lot of stuff just sits there ...
OECD Revises Global Growth Outlook Downward; Euro Debt Largest Threat
Recommends more money printing
American Policy Makers Look to Learn From Europe
Their takeaway: don't cut too quickly and let the central banks offset contraction
Worse Than the Recession
The Obama administration has engineered a "recovery" in name only.
Americans Too Dumb to Vote, Says Time National Correspondent
A 500 page defense of the stimulus fails to make the case that Obama is just misunderstood.
Private Debt Is Crippling the Economy
There won't be a recovery until credit card and household debt levels come down.
World Gone Wrong
Eurozone manufacturing outlook grows even dimmer while exports and output stall in Asia
Aussie Manufacturing Hits the Doldrums
Relatively immune until recently, Australia has joined the international pity party as manufacturing sinks to the lowest level in three years
42 Straight Months of Stupidly Optimistic Official Predictions About Economic Recovery
Once-a-month quotes from the Obama administration and the media about how the economy will be booming any minute now.
'The Financial Crisis Was the Result of Government Housing Policy'
The American Enterprise Institute's Peter Wallison on how government, not greed, was the essential ingredient in the 2008 meltdown.
5 TV Shows for Today's Great Recession
From zombies attacks to scheming bar owners, these shows reflect today's climate of fear and loathing
