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Americans Need Real Debate About the Fed

Americans Need Real Debate About the Fed
Most Americans likely have only a vague idea of what the Federal Reserve Board is and does for the economy. A substantial portion of the public has probably at least heard of Janet Yellen, the new chairwoman of the Fed. This is in large part because, as the first woman to be appointed to the position, ... Read more

The Rigged Housing Market

The Rigged Housing Market
Did you know that Blackstone Group, one of the world’s largest private equity funds, snapped up1,400 foreclosed Atlanta homes in one day? Around the country, Blackstone has bought at least 40,000in the past two years. This spree, all the rage among big investors, raises real estate values from nearly worthless to ... Read more

You Call This a Middle Class?

You Call This a Middle Class?
The Bureau of Labor Statistics conducted a study of workers who were laid off during the Great Recession and found a new job. More than half are earning less money. During the recession, wage growth dropped from 3.5 percent a year to 1.5 percent, and has been stuck there ever since. The economic upheaval that began ... Read more