Earn What You Spend

There were too many good articles to post only to Twitter.
The WSJ examines why renting is the new American dream.  I agree.  Homeownership, while certainly a nice thing, is not necessarily better than renting, and there is not a strong case for promoting one method of consuming shelter over the other.  Especially after having seen [...]

Gretchen Morgenson takes us through the importance of understanding the fine print of student loans.  (This is something I wrote about in my post about the burden of college debt.)
The importance of networking is magnified in a recession.  As an aside, the phrase ‘networking’ has always held a slightly negative connotation for me - I believe [...]

Paul Krugman keeps the conversation about the stimulus going, this time with an open letter to the President-elect published in Rolling Stone. It’s a long letter, but worth the read. 
Here is a post that is quite valuable as a reference point in this downturn: Clusterstock answers the question, what are troubled assets? Through a poignant example, John Carney [...]

Just how bad were those jobs numbers?  Really bad, it turns out. 
Clusterstock takes a look at why they are, in fact, much worse than we think.  
Calculated Risk shows the real story behind the data: 8 million part-time workers. 
And Kyle asks whether the data in the BLS is manipulated.  (His answer is an emphatic no - [...]

Bob Herbert at the NYTimes implores us, as a country, to stop being stupid. It’s a great op-ed - detailing how our country has wasted away the past decade fighting wars and letting our financial system run wild.  But Herbert closes with a great quote on the average American: 
And, finally, we need to start living [...]

Though a bailout for the auto industry was passed, their struggles are far from over. 
The NYTimes has quite an interesting historical perspective on the current housing crisis (which turned into this recession), showing how it had its roots in policy decisions of the current administration.  
Frank Rich has an excellent article on the harsh irony [...]