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Editorial

Still sinking

Without more action, the millions of underwater mortgages will continue to swamp the economy.

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The governor is right

Is it "fair" that New York's high earners typically also are highly mobile? Maybe not. But the likely harm done by a state surtax on this small group of taxpayers should not be ignored.

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Wall Street warning

Gov. Andrew Cuomo made real progress this year on New York's budget mess. If the comptroller's Wall Street forecast proves accurate, however, additional strides will be that much harder.

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Stating the obvious

Federal Reserve chairman Ben Bernanke stated the obvious this week when he said the recovery is "close to faltering." But sometimes it needs to be said.

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Markets at work

New York this week took two significant steps forward, though it would not appear so at first glance.

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Seeing double

Play-it-safe strategies can be self-defeating, if they prevent the investment and hiring needed to get the economy growing again.

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The hard numbers

To avoid a debt explosion, Americans must pay more for the big, popular entitlements, or accept less.

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A lesson of 9/11

As history has shown, with determination and unity of purpose this country can regain the path of growth and prosperity.

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The power of ideas

Globalization and the spread of technology have reduced or erased some of the U.S. economy's competitive advantages. But not all of them.

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The difference this time

The average American household today has a historically heavy debt burden and an income level that is not rising. What's needed are more and better-paying jobs.

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Advancing ethics

The governor was right in describing the new state ethics law as "a major step forward."

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The smaller syndrome

More needs to be learned about the causes of the decline in employer startups. But enough is known now to begin helping this vital sector of the economy.

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After Paetec

The sale of Paetec could end up a major setback for downtown revitalization. Which is why every effort should be made to avoid that happening.

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Empowering regions

Too often, economic development efforts have been undermined by top-down state models and a lack of collaboration at the regional level.

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