great recession

Wage Pressures, Falling Commodity Prices Spell Trouble for the Global Economy

January 15, 2016

With no recovery in the Eurozone and the whole of Eastern Europe in trouble, greater turmoil in Asian economies could bring the world economy to a critical moment, says economist Heiner Flassbeck

Who Is the Unsung Hero of the $7 Billion Citigroup Settlement?

July 15, 2014

Bill Black says that a just settlement would include criminal prosecution of senior Citigroup officials who led the fraud and covered it up

Why Did Economy Shrink So Dramatically During the First Quarter of 2014?

June 26, 2014

Robert Pollin: Five years after the Great Recession, austerity as the dominant policy agenda is keeping the recovery weak

Saving American Cities

May 22, 2014

Robert Pollin: If the Fed was serious about strengthening the basic economy, it would bail out American cities

The European Central Bank’s War on Wages is Pushing Europe’s Economy to the Brink

April 2, 2014

Bill Black: The media has failed to report on the causes and possible solutions for Europe’s deflating economy

Deficit Is Falling Because Of Government Austerity, Not Economic Recovery

March 2, 2014

Economist Stephanie Kelton says there is no long-term debt or deficit problem in the United States

Americans Living in Poverty

November 28, 2013
Highest increases of homeless children seen in states like North Carolina where austerity policies predominate

Economist: “There’s Absolutely Nothing Resembling A Debt Crisis In The US”

October 1, 2013

Interests payments on US debt are at an historic low.

Bank Profits Soar, Wages Suffer Sharpest Decline in 60 Years

June 6, 2013

Bill Black: The economy is recovering – unless you work for a paycheck.

Deficit is Dropping but is there a Real Recovery?

May 22, 2013

Bill Black: With surge in stock market, the wealthier are paying more taxes but working class wages are not rising and unemployment remains high, so this does not mean a sustained recovery of the real economy is underway