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12 Days Winner: Robert KiyosakiECONOMY
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A new report from the Congressional Budget Office (CBO) found the gap between the nation’s richest Americans and those within the middle class widened significantly over a period of 28 years. According to the report, between 1979 and 2007, the average income for the nation’s top 1 percent nearly tripled, while the household income of middle class Americans grew by less than 40 percent.
Top 1 Percent of Rich Show Income Grow of 275 Percent 
New research has found that the median U.S. household income declined more in the two years after the recession ended than during the recession. The research, conducted by two former Census Bureau officials, revealed that during the period between June 2009 and June 2011, inflation-adjusted median household income dropped 3.5 percent further than during the official recession.
Household Income Drops 6.7 Percent Post-Recession
An astounding nine out of 10 Americans believe the economy is in poor shape, says a new poll released on Friday. The CNN/ORC International Poll found that the after-effects of a financial crisis that pushed the country into a deep recession has given Americans sour attitudes about the economy as they struggle to stay afloat three years later.
Pessimism Towards Economy Reaches a New High
In What Could Be Worse than Another Recession? How Stagflation Threatens Recovery, we examine why a painfully long, slow economic recovery is more likely (and potentially more damaging) to the U.S. than a double-dip recession. Below are the informational resources used to write this article:
Is a Double-Dip Recession the Least of our Fears? (The Lookout–Yahoo! News)
Since the “Great Recession” began, economy anxiety has run high. Some have even speculated that a double-dip recession is on the horizon.
Ten years on and we remember the tragedy of September 11, 2001, a pivotal turning point in recent U.S. and world history. After years of facing and combating it overseas, 9/11 brought the full impact of terrorism to U.S. shores, and the results have greatly impacted our economy.
President Barack Obama is scheduled to conduct a joint session of Congress to address his job and growth proposal. Tonight will be his sixth speech on the topic of job growth and rising unemployment since 2009.
As the Labor Day weekend approaches, you’re probably getting ready to travel to see family–or maybe you’re staying home and barbecuing for friends who stop by. There’s no doubt it feels great to take advantage of your paid day off from work, but have you ever taken time to think about why you’ve been granted this holiday?
By Andrew Burger
It’s been some three-odd years since the Great Recession and the near total collapse of the global financial system. U.S. unemployment rates remain at historically high levels while job growth has been nowhere near the pace typical of an economic recovery. The abysmal U.S. labor market has economists saying that the political economy of the U.S., as well as the labor market, are out of sync with the times; fundamental, structural flaws are taking their toll.
The idea of building a “green economy”–one focuses on energy conservation and improving energy efficiency, along with developing renewable energy resources and “clean” technology– has been advocated as a business strategy as well as a framework for government job creation policies. Going down this path, advocates say, can yield significant benefits when it comes to a number of critically important issues, not the least of which is revitalizing job growth in the U.S.
Economics is the study of supply and demand, and much of politics is about economics. At odds, in both the political and economic forum, are two ideologies: One group is labeled red and the other blue. Unfortunately, when in comes to jobs in the U.S., employment is disproportionally moving to the red side.