The economy may well be able to continue growing and avoid another slump, but the recovery is unlikely to gain much momentum in 2013.
GDP
The Six Daunting Financial Problems Facing America
Solutions to the economic problems that the U.S. faces are unpalatable, and there’s a dangerous temptation to avoid dealing with fundamental issues.
9 Reasons Why This Economy Feels So Bad
The recent slump has been unusually painful, and the feeble recovery has been disappointing. But today’s economy seems even worse than it actually is
Country Half Full: An Optimistic Take On Our National Debt Nightmare
It’s rare that a United Nations report can engender optimism about anything, let alone America’s finances. But a recently issued (and mostly overlooked) study from the global body’s International Human Dimensions Program might …
Why Gas Is Getting Cheaper – and Could Hit $3 a Gallon
Gasoline prices normally rise in late spring and stay high through the summer, but this year they appear likely to keep falling.
How Dangerous Is America’s Debt?
The deficit needs to be trimmed, but not at the risk of austerity policies that could cause another recession — and the real long-term problem is entitlements
Why Everyone’s Trying to Measure Well-Being
It’s mid-afternoon, and I’m sharing a long lunch with a colleague at a sidewalk café in Paris. There’s a basket of fresh-baked bread on our table and a parade of well-dressed shoppers passing by. At the next table, three …
Why We Should Worry About Spain’s Economic Pain
Battle of the Heavy-Hitter Economists: Krugman and Bernanke Slug It Out Over Fed Policy
The lackluster U.S. economic recovery has fueled an unusually public argument between two of the most prominent economists in the country: Nobel prize-winning New York Times columnist Paul Krugman has accused Fed Chairman Ben …
China’s Gravity-defying Economy: How Hard Will It Fall?
As China’s high-octane economy shifts into lower gear, virtually everyone agrees that the double-digit, super-charged boom years are drawing to a close. Speculation over the possibility of a so-called “hard landing” for the …
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Why Is Unemployment Falling So Fast When Growth Is So Slow?
The U.S. unemployment rate has fallen from 9% to about 8% in the last year, to the delight of everyone from job seekers to the Obama re-election team. But traditional economic theory tells us that shouldn’t have happened unless the economy was growing by double its current 2.5% rate.
Strong Jobs Data Fuels Optimism for Economy, But Risks Remain
The U.S. economy showed increased signs of life Thursday as new data indicated that companies are hiring more workers and fewer people are filing for unemployment benefits. The positive signals are more evidence that the economy …
