If the U.S. can’t resolve its looming budget problems, the fallout could plunge the entire world economy into a chasm
budget deficit
5 Events that Really Mattered for Housing in 2011 – and Beyond
Government, the mortgage industry and forces of nature all shook the housing market in 2011. They had both an immediate impact and slow-burning effects, setting the stage for a bumpy 2012 with more foreclosures, political battles …
How Health Care Reform Can Create Jobs — and Cut Costs
Nobody would be surprised to hear that spending more on healthcare will result in new jobs. But a new program announced by the Obama administration last week seeks to create new healthcare jobs and at the same time reduce …
Three Reasons the Super Committee Can’t Possibly Succeed
They’re aiming too low, they’re fundamentally divided on matters of principle, and they have no muscle. In the end, it’s Congress that will have to tackle U.S. economic problems.
Do CEOs Make More than Their Companies Pay in Taxes?
In a new report by the Institute for Policy Studies, 25 of the 100 highest paid CEOs earned more last year than their companies paid in taxes. Not surprisingly, the report has gotten a lot of traction in the media; the Wall Street Journal, the New York Times, and Reuters snatched it up. But more interestingly, Felix Salmon declared the …
The Optimism Deficit
In the nearly 15 years that I’ve been writing about markets and managing money, there’s been a dramatic shift that has gotten only marginal notice. We’ve gone from having an optimism surplus to an optimism deficit. That may …
