Everyone knows that the typical American household has been running in place or falling behind financially, thanks to stagnant wages and rising prices. But a new study from the the Economic Policy Institute shows that the probl…
With the economic recovery gaining steam, President Obama’s State of the Union address — and the GOP response — should be seen as a shift to a less activist approach. Feel-good rhetoric may be wiser than heavy-handed policies…
The noted economist writes in a Financial Times editorial that Obama did plenty to stave off a depression. But his administration is already too timid about further stimulus, and once the GOP gains power in Congress, the policy…
In theory, the role of the director of the White House National Economic Council is to present the president with an unbiased range of economic opinions. Larry Summers didn’t do that — he promoted his own views instead. But wh…