With Baby Boomers Retiring, Why Do We Need So Many New Jobs?
Ask the Expert: Since large numbers of baby boomers are now retiring, wouldn’t this have a complete offsetting effect for the next 15 years or so?
Christopher Matthews
Christopher Matthews is a Reporter for TIME Business. He has previously written for Forbes Magazine and The Financial Times' Debtwire, and has a degree in Business and Economics Reporting from New York University. You can follow him on Twitter @crobmatthews, and reach him by email at chris_matthews (at) timemagazine (dot) com.
Articles from Contributor
Is This Man Single-Handedly Stifling the U.S. Housing Recovery?
Ed DeMarco may not strike you as the kind of man who is capable of fanning the outrage of broad swaths of the American public. But in the past year, this bespectacled economist and lifelong civil servant has endured protesters …
Too Big To Fail: 3 Lessons of the “London Whale” Debacle
Of the many scandals that have plagued Wall Street of late, the “London Whale” trades, which cost banking giant JPMorgan Chase more than $6 billion, has captured the attention of the financial media more than any other. The biggest reason for journalists’ obsession with this story is that it tarnished the reputation of JPMorgan CEO Jamie …
Carlyle Group Wants to Make You the Next Mitt Romney
The normally secretive private equity industry spent 2012 in the spotlight thanks to Mitt Romney‘s ill-fated presidential run, and some of these firms appear to be capitalizing on all the free press they received — literally.
That’s right, the publicly traded private equity firm Carlyle Group — whose funds were once open only to the …
Are Banks Bluffing About the Danger of Banking Regulation?
Four and a half years after the passage of TARP, one thing is abundantly clear: The American public really, really hates bank bailouts. And yet, nearly three years after the passage of the Dodd-Frank financial reform bill, it …
Economy Gains Steam Adding 236,000 Jobs; Unemployment Rate Falls to 7.7%
For some time time now, the American economy has been a strange dichotomy. On the one hand, we’re in the midst of an historically strong four-year bull market, yet the unemployment rate remains stubbornly high. The real estate …
Viewpoint: Stop Calling Student Loans a “Bubble”!
Ever since the financial crisis, Americans have begun to see bubbles everywhere they turn. The damage wrought by the real estate bubble has been so extensive that the nation is rightfully terrified that another asset bubble is …
Will Reform of Fannie and Freddie Kill the 30-Year Mortgage?
The sequester is all anybody wants to talk about. I get it: It’s the hip new crisis sweeping Washington. But remember Fannie Mae and Freddie Mac? You know, the once quasi-independent housing giants whose takeover by the federal government has cost taxpayers upwards of $190 billion thus far? Well, Fannie and Freddie are still owned by the …
When Will the Federal Debt Cause a Greece-Like Crisis in the U.S.?
Ask the expert: how long before the U.S. is forced into austerity measures by foreign creditors, as we see happening in Greece?
Should Credit Unions Have to Pay Income Tax?
The American Bankers Association, the lobbying group that represents America’s banking industry, has recently launched an ad campaign across Washington D.C. aimed directly at the nation’s credit unions. The print version of the campaign is to the point, reading simply:
“Today credit unions are a $1 trillion industry that pays no
…
Will High Marijuana Taxes Encourage Black Markets?
Correction appended on February 23rd at 11:40 a.m.
Opponents of marijuana prohibition had one heck of a year in 2012, as voters in both Washington and Colorado passed ballot initiatives legalizing recreational use of the drug. …
Was It Something I Said? Fed Minutes Cause Markets to Slump
If you get the impression that the stock market is some sort of paranoid neurotic, overreacting to every little whispered rumor and half truth, you’re not alone.
