The middle class isn't spending because the values of their homes have plummeted, they've lost much of their savings, and their wages are dropping. Reich argues that Obama has a way to correct this, or at least not make it worse.
The recovery has been slow, but not because of Europe's debt crisis, Wall Street, or high taxes. American consumers, whose spending is 70 percent of economic activity, don’t have the money to buy enough to boost the economy.
High on hope, supporters heralded Obama as the new FDR. Two years later, many feel disillusioned. But FDR's actual record puts today's gripes about Obama into perspective.
Mark Zandi, chief economist and cofounder of Economy.com, says the chances of a second recession are low. But should one occur, it would be even more difficult for the US to rebound again.
In an age of e-mails and blogs, people are hungry to produce something real.
How the balance of power has shifted between the Republicans and Democrats.
How America used to eat.