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Michelle Hirsch

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Most Talked About The Fiscal Times Stories

Consumers, Not Just Investors, Are House Hunting

thefiscaltimes.com — Cash buyers and investors have helped keep the housing market afloat in recent years, swooping in to seize on low prices and interest rates to buy distressed properties. Investors bought 1.23 million homes in 2011, up 64.5 percent over 2010 and accounting for 27 percent of all existing home purchases in the U.S.
House hunting: consumers, not just investors, getting into the game. #housing #home sales http://t.co/qI2h181r
House hunting: consumers, not just investors, getting into the game. #housing #home sales http://t.co/3oLm4EfL

Why Facebook’s Plummeting Stock Price Is a Good Sign

thefiscaltimes.com — Facebook (FB) stock tumbled again Tuesday - and despite the hue and cry that has intensified as the share price has deteriorated and as more and more revelations emerge about the IPO process, the slide is not necessarily a bad thing.

Memorial Day: More Consumers Hit the Road Again

thefiscaltimes.com — More Americans will be taking to the open road this Memorial Day weekend than in recent years - despite the higher-than-usual gas prices at the pump (though the average price of gas nationally dropped to $3.68 a gallon on Tuesday).

Why America Should Declare Bankruptcy Now

thefiscaltimes.com — If the U.S. government were a private company being audited by standard practices, it would be considered much further in the red than official national debt figures show. It would, in fact, be shut down and its key executive prosecuted for fraud. Here's why America should declare bankrupcy now.

How the Housing Crisis Shafted the Next Generation

thefiscaltimes.com — There was a time when parents and grandparents viewed their homes as a leverageable asset to send children and grandchildren to college, or help them buy their own homes after they graduated.

Booker Was Right: Unions Bet Big on Private Equity

thefiscaltimes.com — Democratic Newark Mayor Cory Booker has historically been a vocal Obama administration supporter. But he riled his own party and pleased Republicans Sunday when he condemned a new Obama campaign video portraying likely GOP presidential nominee Mitt Romney as a job destroyer.

Business, Economics, Politics and Finance

thefiscaltimes.com — The Fiscal Times is a digital news, opinion & media service devoted to quality reporting on fiscal policy, federal debt, government, business and economic issues.
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