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Thu, 02 Jan 2014 07:23:17 ESTCapital: David Wessel shares his thoughts on the stagnant middle class and growing income inequality, the post-9/11 economic resiliency and more in his final column.
Fri, 22 Nov 2013 12:25:45 ESTCapital: David Wessel examines the Fed's use of "forward guidance" to influence public expectations about monetary policy and the challenges the practice poses.
Thu, 16 Oct 2014 10:39:08 EDTCapital: Columnist David Wessel says there's one big lingering question: Have we done enough to reduce the risk that the next financial crisis—and there will be one—will do so much damage?
Mon, 02 Jan 2012 23:18:35 ESTThe global financial crisis exposed shortcomings of U.S.-style capitalism, and Europe's sovereign-debt crisis highlighted the tension of a costly welfare state. Now, the developing world grapples with the fallout and seeks a way forward.
Mon, 26 Sep 2011 14:38:24 EDTMaking refinancing easier isn't a miracle cure for the sluggish global recovery. But it will help, and the economy needs all the help it can get.
Wed, 23 Jun 2010 22:26:31 EDTCongress is planting the seeds of the next big bank bailout. A provision added to a help-small-business bill would allow all but the 100 largest banks to pretend they haven't made bad loans.
Fri, 18 Jun 2010 00:05:17 EDTThe American approach to home ownership and mortgages needs to be reconsidered, as the dream of owning a home turns into a nightmare of debt and foreclosure for many.
Wed, 09 Jun 2010 23:32:39 EDTAmong the final questions hovering over the Congress as it rewrites the rules of finance is this: If banks that are too big to fail are a big part of the problem, will anything short of busting them up suffice?
Wed, 31 Mar 2010 22:15:37 EDTA board created by the health bill to slow Medicare spending could eventually overcome congressional inability to say "no" to Americans who demand more in benefits than they're willing to pay in taxes.
Thu, 07 Jan 2010 13:11:52 ESTAcademics are drawing lessons from the Medicare expansion of four years ago that are acutely relevant to the health-care legislation pending in Congress.
Wed, 25 Nov 2009 08:57:31 ESTCongress is searching for a compromise on a public option -- a provision that allows enough members of both camps to declare victory and vote "aye" in the health overhaul.
Wed, 15 Apr 2009 14:08:28 EDTObama talks as if he has that old-time fiscal-responsibility religion, but the president has yet to acknowledge blunt arithmetic reality.
Tue, 16 Sep 2008 01:35:00 EDTAfter one of the most tumultuous weekends Wall Street has ever seen, how much bleaker is the outlook for the U.S. economy?
Thu, 13 Nov 2003 08:41:07 ESTThe self-correcting nature of the American economic and political system means that problems are usually followed by shrieks of outrage and changes for the better. But the pace and severity of reform isn't always consistent.