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The 1 Percent Have Gotten All The Income Gains From The Recovery

Income inequality is getting worse, not better, in the wake of the Great Recession. The post The 1 Percent Have Gotten All The Income Gains From The Recovery appeared first on ThinkProgress.

It's nice to see Republicans tout the economic recovery. But why on Earth would they think they're the cause?

The U.S. economy has experienced a major bounce back since the Great Recession. It has rebounded from the loss of 7 million jobs in a single year beginning in 2008 and an unemployment rate that soared to 10 percent in 2009. More than...Show More Summary

Federal deficit lowest since Great Recession amid solid economic growth

Echoing other upbeat forecasts, a new report Monday said the federal deficit is on track to hit its lowest level in years as economic growth continues at a solid pace for fiscal 2016.

Property lender Square Mile Capital is bouncing back

Square Mile Capital, a lender that flourished during the last real estate boom then fell on hard times during the Great Recession, has bounced back amid the current soaring property market. The... To view the full story, click the title link.

16 U.S. states where the middle-class is hurting

Since the Great Recession ended, the richest 1 percent of Americans have captured all the income growth in these states

America Installed 22 Times More Solar in 2014 Than in 2008

Since the 2008 mortgage crisis and Great Recession, two industries have fared better than most others: finance and energy. In terms of new investment activity and job creation, the solar industry has posted some of the best numbers in recent years. read more

America’s ‘Decline’ Era Nears End, Just in Time for 2016

As the Great Recession recedes into the past and the 2016 campaign begins to gain momentum, one of the biggest issues for the race may be whether America’s best days are behind it or still ahead.

Ports of L.A. and Long Beach see best year since before recession

The nation's busiest port complex saw its best year since before the Great Recession, a sign of renewed economic strength across the country.

ONE ON ONE: Richard Edelman on the Evaporation of Public Trust

"Trust levels are at an all time low; comparable to those of the 2009 'Great Recession.'" - Richard Edelman As we look back on 2014, we saw a year of unimaginable events: from the disappearance of Malaysian Airlines 370 and the attack...Show More Summary

America 'busts out' of Great Recession slump

The latest NBC/Wall Street Journal poll reveals that Americans are undergoing a heartening shift in perceptions regarding the current state of the economy. While only 45 percent of respondents said they were "satisfied" with the economy (vs. Show More Summary

Ahem!: I Believe the London Economist Needs to Step Up Its Game...

In its review of my next-door office neighbor, friend, and patron Barry Eichengreen's superb [Hall of Mirrors: The Great Depression, The Great Recession, and the Uses-and Misuses-of History](http://www.amazon.com/gp/product/B00P9JTQShow More Summary

Oxfam, World Economic Forum shine light on wealth inequality

The Great Recession may largely be behind the developed world, but economists are sounding the alarm over one lingering risk to prosperity and peace: the increasing concentration of wealth in the hands of the world's richest 1%.

Did Market Monetarist Predictions Trounce Everyone Else During the Great Recession?

Via James Pethokoukis, Scott Sumner claims that Market Monetarists got things right during the aftermath of the Great Recession when others didn't: It must be a major embarrassment to the profession that us lowly MMs turned out to be...Show More Summary

How A Housing Crisis Can Hobble A Nation's Economy For Years

A property price crash can cripple a nation's economy for years to come, according to a new paper by the IMF. Although most people understand that the crisis of 2007-2008 led to a housing-price collapse and the Great Recession that followed,...Show More Summary

Cost Cutting in an Age of Declining Law School Enrollment

The Faculty Lounge: Cost Cutting in an Age of Declining Law School Enrollment, by David Frakt (Barry): Five years into the great law school recession, most law schools have presumably found all the obvious ways to cut costs and explored feasible alternatives for increasing revenues. The low-hanging fruit having been...

8 Buys That Will Be Cheaper in 2015

2015 is shaping up to be a great year. While economists agree that the Great Recession was officially over back in 2009, you may not have felt the benefits until recently. But thanks to a stronger dollar and lower commodity prices, several industries now have a cost advantage and are ready to pass...

Republicans in Congress begin new effort to water down Dodd-Frank law

2 weeks agoSports / Baseball : Dodgers Now

Boosted by their November election gains, congressional Republicans have launched a new effort to weaken, bit by bit, a law that dramatically expanded federal oversight of the financial system after the Great Recession.

Which States Stand To Lose The Most From The Crude Collapse

By now, it is no secret that the one state that conventional wisdom expects to suffer the most as a result of the crude collapse is the one state that through the Great Recession was the primary provider of (well-paying) job creation,...Show More Summary

To Find Real Prosperity, Community Foundations Are Exiting Wall Street

Here we are in 2015 and economic justice is on everyone's mind (or it should be). Five years after the official end of the Great Recession we are still witnessing historical levels of income inequality, but finally some crucial links are being made. Show More Summary

Why Wages Won't Rise

Jobs are coming back, but pay isn't. The median wage is still below where it was before the Great Recession. Last month, average pay actually fell. What's going on? It used to be that as unemployment dropped, employers had to pay more to attract or keep the workers they needed. Show More Summary

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