The wealth gap between upper-income Americans and the rest of the country has reached a new high. According to a Pew Research Center analysis, the gap actually widened during the recovery as only upper-income families recouped some of the wealth…

Dec 10

A yawning gap has opened up between market income poverty rates and total income poverty rates, which can only be heralded as a major success story for out-of-work assistance, particularly those components under federal control, argues economist Miles Corak.

The American economy is still feeling the effects of the 2008 financial crisis. A new study from the National Bureau of Economic Research analyzes the largest components of America's declined output -- from lost investment to lower labor force participation…

Feb 17

Five years later, what did the stimulus bill accomplish?

The costly $787 billion spending bill that President Barack Obama signed into law soon after taking office boosted the economy and helped avoid another Great Depression, the White House said in a status report on Monday's fifth anniversary of the…

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