Jaime Fuller

Jaime Fuller is the associate editor at The American Prospect.

Recent Articles

Europe Teeters on the Edge

Today's Balance Sheet: The times are good for one percenters.

This week's a big one for the future of Europe, as Germany debates supporting the fiscal pact agreed to in Brussels on March 2 and investors sign onto a Greek bond swap that could write off half of the country's €177 billion debt.

Ohio a Game Changer? Please.

(AP Photo/Gerald Herbert)

(AP Photo/Gerald Herbert)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at a campaign rally in Zanesville, Ohio, Monday, March 5, 2012.

Is It Springtime for the Economy?

Today's Balance Sheet: Wages are on the slow and steady rise.

Wages and salaries rose in January by 0.4 percent—up 5 percent from last year—but that extra money has yet to leave consumers' pockets and get back into the economy. Other good economic news was released yesterday, too: Filings for unemployment benefits are at a four-year low. Usually, when wages rise, consumer confidence also goes up, giving the economy a big boost. That hasn't happened yet this time.

McMansions on the Cheap

Today's Balance Sheet: Housing prices dropped to 2002 levels in December. 

Although the past few months have brough economic data that hints at recovery, one important statistic hasn't improved: housing prices. The Standard & Poors/Case-Shiller index of property values report of 20 U.S. cities released yesterday shows that national housing prices have dropped to their lowest levels since 2002. “It is hard to get entirely enthusiastic about the recovery when housing prices are still falling,” said Mark Zandi, the chief economist at Moody’s Analytics. In December, the index decreased by 4 percent from a year earlier, and Detroit was the only city to see an increase from 2010. 

Keystone Back From the Dead

Today's Balance Sheet: TransCanada's ready to break ground on the Keystone pipeline, and the White House just might give them the permit to do it.

After the Obama administration halted progress on the Keystone XL pipeline in January—stating that the 60-day window of time permitted by Republican legislators was too small for a thorough environmental review—those against the proposal cheered and hoped the pipeline was dead.

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