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The third quarter GDP numbers were released this morning, which show a GDP increase of 2.8 percent, an increase from the 2.5 percent reported for the second quarter. Among other factors, increases in personal consumption and state and local government spending helped contribute to the increase in

Public investment is crucial to future growth. The economic boom in the 50s and 60s relied on government investments in education (G.I. Bill), infrastructure (National Highway System) and science (NASA).

There's a dire need for a new definition of public goods

Wallace Turbeville on his time at Goldman Sachs, working with the city of Detroit, and the reality of the crisis that brought about TARP.

Credit reports and scores are made up entirely of information about individual consumers -- data that’s collected without our permission or even necessarily our knowledge -- but we don’t have free access to this information. Under federal law, consumers get one free credit report a year and must pay

Give them jobs. That's the most important answer to the serious economic crisis gripping young America, which faces double digit unemployment rates for some groups -- levels rivaling that of the Great Depression. Of course, creating jobs sounds very complicated -- a multi-part process of

Scrooge has come early this year. We’re kicking our Tiny Tims. This holiday season, kids in America’s poorest families are going to have less to eat. November 1 brought $5 billion in new cuts to the nation’s food stamp program, now officially known as the Supplemental Nutrition Assistance Program

The Pew Charitable Trusts blew a major opportunity to condemn the exploitative practice of payday lending when it issued a major report on this issue a few days ago -- the culmination of over two years of careful research.

The cut to the nation’s Supplemental Nutrition Assistance Program going into effect today will take food away from 47.7 million Americans who need it.

It's no secret that wealthy Americans have enjoyed low taxes since the dawn of the Reagan era—even as they have scored huge income gains thanks to changes in the economy. A less well-known fact, though, is that middle and low-income earners have seen far bigger cuts in their federal taxes, which has