Economy

Forecast for Solar: Cloudy

Now that the Bureau of Land Management is deferring solar projects on public land, the forecast for solar energy seems a bit cloudy. What happened? Just over a year ago, the BLM was actively encouraging solar projects to be shuttled through in a "timely manner." Then it teamed up with the Department of Energy "to assess the environmental, social, and economic impacts associated with...

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| Tue Jul. 1, 2008 3:06 PM PDT

The GOP's December Surprise

Is the GOP cooking the books to avoid recession till after Election Day?

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| Tue Jul. 1, 2008 12:00 AM PDT

Subprime 1-2-3

Don't understand credit default swaps? Don't worry—neither does Congress. Herewith, a step-by-step outline of the subprime risk betting game.

Tue Jul. 1, 2008 12:00 AM PDT
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Who Benefits From High Food Prices?

Forget subprime. The next price bubble to watch is food speculation.

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| Thu Jun. 19, 2008 12:00 AM PDT

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Gas Prices Driving You Crazy? At Least No One's Trying to Burn You Up In Your Truck

The London Evening Standard just published a harrowing report detailing the large-scale, violent fuel protests going on right now all over the world. In more than a few countries, shortages have all but halted the national economies as fishermen, grocers, farmers and truck drivers either refuse or find themselves unable to do their jobs. You can read about it, but it's the photos that...

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| Fri Jun. 13, 2008 3:00 PM PDT

Obama vs. McCain on Taxes: A Simple Video Explanation

I don't say this often, but one of the major news networks did a really good job of digging into...

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| Fri Jun. 13, 2008 8:44 AM PDT

Why Is Carly Fiorina - a Symbol of Corporate Excesses - McCain's Favorite CEO?

When John McCain wants to talk economic policy with voters—especially female voters—he sends out Carly Fiorina, a former CEO of...

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| Fri Jun. 13, 2008 6:29 AM PDT

What If the Stimulus Bankrupts the Government?

Dear IRS, I am writing to ask whether I may return my 2007 stimulus payment of $89.43. I read today...

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| Wed Jun. 11, 2008 12:52 PM PDT

Labor Secretary Elaine Chao Explains Rising Unemployment

The Labor Department reported today that the unemployment rate rose from 5.0 percent to 5.5 percent in May, the largest...

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| Fri Jun. 6, 2008 12:39 PM PDT

McCain's Surrogates Get Confused

Think Progress has a great catch. Mitt Romney on CNN earlier today: BLITZER: Does John McCain want to continue what...

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| Sun May. 11, 2008 11:55 AM PDT

Starbucks' Slutty Mermaid Making Waves

Lately, I've seen some changes at the two Starbucks that live less than a block away from the Mother Jones...

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| Thu May. 8, 2008 4:25 PM PDT

The Clinton War on Economists Continues

Presumably, President H. Clinton's Secretary of the Treasury will be Bo Duke and her Secretary of Labor will be Norm...

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| Tue May. 6, 2008 9:42 AM PDT

The Romney Flip Flop Is Back!

Happy days are here again! Three months after Mitt Romney said Washington experience does not translate into economic wisdom, the...

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| Wed Apr. 16, 2008 11:33 AM PDT
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Banking on Barney Frank

Consumer advocates who cheered when Frank took over the powerful House Financial Services Committee now gripe that he's less than a corporate scourge.

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| Wed Apr. 16, 2008 12:00 AM PDT

John McCain Has Gone Tax Cut Crazy

TNR examines John McCain's speech on the economy today and finds that with his new proposals (a massive corporate tax...

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| Tue Apr. 15, 2008 12:44 PM PDT

MoJo Video: Economist Nomi Prins on Death and Taxes

Mother Jones writer (and former Bear Stearns analyst) Nomi Prins asks students at St. Francis college in New York: What...

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| Tue Apr. 15, 2008 9:55 AM PDT

More Evidence of John McCain's Naivete on the Economy

John McCain has an economic plan for this country that could only be thought up in the mind of a...

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| Thu Apr. 10, 2008 7:35 AM PDT

Botox Takes a Hit from Flailing Economy

The effects of the struggling economy are finally trickling up. The Los Angeles Times reports that local LA resident Goldy Anthony has had to give up her regular botox-cum-ladies-who-lunch appointments in Beverly Hills because, well, at $1,800 a session (not including lunch), she no longer has the pocket change to spare. With the announcement last week that 80,000 American jobs were cut in just...

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| Tue Apr. 8, 2008 4:28 PM PDT

80,000 Jobs Lost in March

The unemployment rate jumped from 4.8 percent to 5.1 percent in March, a total loss of 80,000 jobs. That marks...

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| Fri Apr. 4, 2008 9:25 AM PDT

Obama and Clinton Speak About Housing and the Economy: A Compare and Contrast

This past week, all three presidential candidates gave major speeches on housing and the economy. Hillary Clinton highlighted her extensive...

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| Fri Mar. 28, 2008 10:45 AM PDT