Japanese have watched their economy sink for two decades. Are they finally getting angry?
economic recovery
The Myth of American Decline: An Interview with Author Daniel Gross
You don’t have to look very hard to find proof that over the past five years Americans have evolved into a very pessimistic bunch. Far more of us think the country is headed in the wrong direction than think it’s on the right …
Report: Housing Market Recovery Has Officially Begun
A new analysis suggests that home prices will begin to rise later this year.
Why Aren’t There More Jobs?
Mediocre growth, overly cautious corporations and government cutbacks figure to stifle employment gains until there is some comprehensive economic policy
What You Need to Know About April’s Jobs Numbers
Any way you cut it, the Labor Department’s announcement that the U.S. economy added just 115,000 jobs in April is a disappointment. Economists had been expecting 160,000 new jobs, and even that number is far below the kind of …
Is Fannie and Freddie Honcho Ed DeMarco “America’s Most Dangerous Man?”
Ed DeMarco, acting head of the Federal Housing Finance Agency (FHFA), doesn’t have the look of a comic-book super-villain, but if you listen to some of the barbs his critics hurl at him, DeMarco is more dastardly than The Joker …
Curious CapitalistEconomy
Is the Wimpy Recovery Morphing into a Recession?
We’ve just begun coming to grips with the wimpy recovery. Are we actually in for another recession? That was the implication of a couple of economic reports I read this week, including one by ITG Investment Research, which …
Full Real Estate Recovery Not Coming Until 2015
First, the good news: The real estate market has clawed its way back from the brink and is about a third of the way to a normal, pre-bubble market. The bad news: It’s going to take until the end of 2015 to get us the rest of the …
The Little Recovery That Could…Well, Maybe
We’ve Suffered a Jobless Recovery. Is a Recovery Without Growth Next?
The economic-news meme of 2011 was the “jobless recovery.” This was a term used by pundits to describe the U.S. economy, which, measured in GDP, began growing again in the third quarter of 2009. Unemployment, however, remained stubbornly high. We were producing more and better goods and services with fewer total workers.
This …
Curious CapitalistEconomy
Why A Stronger Economy Probably Won’t Translate Into A Raise — Yet
Last Friday’s jobs numbers came in strong, particularly in important areas like manufacturing, on which President Obama is staking much of the economic component of his re-election campaign. If voters start to feel more prosperous than they have over the last few years, it will certainly help him at the polls in November. But in order …
227,000 New Jobs Is Good. But Has the Economy Reached Escape Velocity?
Economy watchers talk often about economic recoveries requiring a “virtuous circle.” In such a scenario, job growth leads to higher wages and increased consumer demand, which in turn leads to more job growth.
