- DCCC chair hopes Alex Sink will run again in November
- U.S., allies threaten ‘further action’ against Russia
- Obama to order businesses to hike overtime pay for salary workers
- Last laugh: Marine vet fires off jokes from the grave with own obituary
- Deportations come mostly from border, DHS chief says
- NATO sends surveillance planes to watch Ukraine
- Climate change not a top concern of Americans, poll shows
- GM faces federal investigation for slow recall that led to 13 deaths
- Iran president reaches out to Oman on friendship tour
- FAA’s pre-Malaysia flight warning: 777s have cracking, corrosion issues
An America drowning in red ink is the land of the free no more
Topic - Jared Bernstein
It was so cold when Congress came back to town Friday to tidy up loose ends and close the first session of the 113th Congress that Democrats for once had to keep their hands in their own pockets. Keeping a congressman's hands off your wallet, even if for only a day, is a good and rare thing. That's why complaints that the 113th Congress is among the least "productive" ever miss the point.
Analysts are optimistic that 2014 will be a more productive, less partisan year in Washington.
Congress has a chance to do better in 2014 than in 2013, but it wouldn't take much to top one of the least productive years in Washington history.
The nation's economy continued to slowly but steadily improve last month, with the unemployment rate declining further to 7.3 percent — the lowest in nearly five years — and businesses adding another 169,000 jobs, the Labor Department reported Friday morning.
Gasoline prices likely won't set any records this summer, thanks to a recent drop in the price of oil.
You don't hear much about President Obama in the national news media these days because he isn't making very much news.
President Obama's chief economist is departing as the administration's nearly trillion-dollar recovery is losing steam and Mr. Obama concedes that lackluster job growth could become a trend.
Government figures released Thursday provided a new window on the deep pain inflicted by the recession, with the U.S. poverty rate rising to its highest level in 15 years in 2009 and a record 43.6 million Americans officially labeled poor.
"We're not out the economic woods yet," said Jared Bernstein, a former White House economist. "One bad report — a report subject to considerable revisions — doesn't change everything, but these numbers provide a stark reminder that this economic recovery has been fraught with head fakes."
Since the middle class and poor depend on wages for income, while the wealthy get most of their income from the soaring stock market, the report was "a sign of the inequality that pervades the U.S. economy," he said. "We've not yet seen overall [growth] or profit growth reach working families in a consistent manner."