iOS app Android app More
September 23, 2014

The Mysteries of Inequality Are Only Mysterious to Elites

We have the central bank of the US acting deliberately to keep workers from getting pay increases. They justify their actions over concerns about inflation, but we need not take these seriously. Who knows what they believe, but the real-world risk of a dangerous inflationary spiral ranks alongside the risk of attacks by Martians. It ain't going to happen, and they should know this. Of course high unemployment is not the only policy that has kept wages down over the last three decades. Government policy has also made it almost impossible for workers to organize unions. And of course we have let the minimum wage fall way behind the cost of living and even further behind productivity.

White House Cracks Down On 'Inversions'

Obama
AP

More Politics
Bizarre GOP Ad.. Trump Mistake.. Christie Scandal Gets Worse.. Rove Group's Mishap.. Dems On 2014

Army: 2 Suspects In Fatal Abduction Of Israeli Teens Killed In Shootout

Israel Flag
Getty

More WorldPost
Long Gone Era.. Vatican Diary.. Turkish Diplomats Freed!!.. Peru's Narcos.. Catalans Next?

WALL STREET FLOODS

Protest Wall Street
ASSOCIATED PRESS

Day 2 Of Climate Change Protests In NYC... Reports Of Police Using Pepper Spray... More Than 100 Arrests...

U.S. Informed Syria That Airstrikes Were About To Begin

Syria Airstrikes
ASSOCIATED PRESS

Over 800 Rounds Of Ammunition Found In White House Intruder's Car

White House
Mark Wilson via Getty Images

Suspect Arrested In July With Sniper Rifle And Map Marking White House

Major Fire Breaks Out At Port of Los Angeles

Fire
KTLA via Facebook

20% Of Workers Laid Off In Last 5 Years Still Unemployed

Line
Getty

More Business
Walmart Breaks Law?.. Cheerios Aww!.. Krugman: GOP Hates Poor.. Tesco Shock.. Whole Foods Ew

GOP Adds Fetal 'Personhood' Language To State Party Platform

Roe Wade
Brendan Hoffman via Getty Images

Ravens Deny Allegations Outlined In Damning ESPN Report

Ray Rice
Ronald Martinez via Getty Images

More Sports
NFL Player Proposes.. Fans Fight.. Cover Up.. 'Cheap Shot'.. Blind Announcer.. Trick Play.. Goodell

Dem Congressman Calls For Draft, War Tax In ISIS Battle

Charlie Rangel
ASSOCIATED PRESS

Elite Colleges Demand Big Changes At Fraternities

Dartmouth College
ASSOCIATED PRESS

DOJ's Ferguson Town Hall Meetings Ban Reporters, Non-Residents

Ferguson M
Scott Olson via Getty Images

Elizabeth Warren Stumps For Democratic Women

Elizabeth Warren
ASSOCIATED PRESS

Author Of Viral Poverty Article Shoots Down Belief That Poor People Are 'Lazy'

Linda Tirado
YouTube: Linda Tirado

GOP Lawmaker Stands By Claim That Islam Is 'A Cancer' In America

John Bennett Oklahoma
ASSOCIATED PRESS

Pelosi: Immigration Activists Let Republicans 'Off The Hook'

Nancy Pelosi
Win McNamee via Getty Images

States Could Reap Billions In Taxes From Legal Weed

Marijuana Revenue
ASSOCIATED PRESS

The 2014 Elections Are More Complicated Than You Might Think

Reid Elections 2014
ASSOCIATED PRESS

White House Intruder Prompts House Hearing On Secret Service

The White House
ASSOCIATED PRESS

New Guidelines Released On How To Estimate Women's Due Dates

Woman Ultrasound
Andersen Ross via Getty Images

More Parents
Toys Never To Buy.. 21 Gorgeous Photos.. Funny Tweets.. The Hard Truth.. Hilarious Parenting Tumblr

Whole Foods' Reputation May Finally Be Catching Up With It

Whole Foods Store
ASSOCIATED PRESS

FIFA Exec: 2022 World Cup Won't Be In Qatar

World Cup
Sean Gallup via Getty Images

More Proof That Anti-Obamacare States Desperately Need Obamacare

Uninsured Cities
Saul Loeb/Getty Images

REPORT: Miss America Was Kicked Out Of Her Sorority For Hazing

Kira Kazantsev
ASSOCIATED PRESS

Cheating GOP Congressman Trots Out Wife For Campaign Ad

Mcallister
Campaign

Christie Pension Scandal Gets Even Worse

Christie
Getty

World's Second-Largest Supermarket Chain Admits To Cooking The Books

Tesco
Bloomberg via Getty Images

Democrats Sink Controversial Obama Nominee

Michael Boggs Abortion
CSPAN

Thousands Of Students Go On Strike Over Voting Reforms

Hong Kong
Anthony Kwan via Getty Images

ISIS Urges Followers To Attack U.S., French Citizens

Raqqa
ASSOCIATED PRESS

Missing Afghan Soldiers Apprehended Trying To Cross Border Into Canada

Canadian Flag
Mitch Diamond via Getty Images

GM Death Toll Rises

General Motors
ASSOCIATED PRESS

REPORT: Senator Who Called Gillibrand 'Chubby' Revealed

Kirsten Gillibrand
Andrew Burton via Getty Images

NBA Commissioner Says League Will Review Domestic Violence Policies

Adam Silver
ASSOCIATED PRESS

Black University Student Leaders Form New Coalition For Racial Equality

Black Ivy Coalition
Black Ivy Coalition Facebook

More Black Voices
Alicia Keys Nude For Peace.. N Word On Field.. Crawford Death Grand Jury.. NYTimes Apology..

New Video Reveals The Dark Side Of Long iPhone Lines

Iphone 6 Lines Dark
Casey Neistat

Follow HuffPost

    1. HuffPost
    1. HuffPost
    1. Most Popular on HuffPost
    2. Latest News
    3. View all RSS feeds

'F*ck It, I Quit' Anchor Explains Her Dramatic Exit

Anchor
Alaska Cannabis Club

Why This College Student Is Protesting Ladies' Night At His Local Bar

Ladies Night Bar
HuffPost Live

More HuffPost Live
Miraculous Ebola Story.. Cynthia Rowley.. Hotel Racism.. 'Entourage'.. 'Bullet Bucket Challenge'

This NFL Player Is Going To Be Laughed At For A Long Time

Stephen Tulloch
FOX

Big 'Nano' Breakthrough Reported Overseas

Star Of David Molecule
University of Manchester

More Science
Extra-Smart Mice.. Solid Light.. Robo-Cheetah.. Gruesome Suit Of Armor.. Religion & Morality Surprise

Mike Tyson Comes To The Rescue Of Injured Motorcyclist

Mike Tyson
Alex Menendez via Getty Images

Frogs Go Bonkers Over iPhone Video Of Worms

Frog Tv
YouTube / Joe Myers

More Tech
Mice In Space.. New VR.. Home Depot Fail.. iOS 8 Tricks.. iPhone Microwave.. Emoji Keyboard

New 'American Horror Story' Photos Just Might Freak You Out

Bette Dot
FX

More TV
Get Ready For Scandal.. True Detective Season 2 Shocker.. Clooney Downton Abbey Scoop.. Friends News

Watch This Little Girl Age 80 Years Right Before Your Eyes

Live Painting Womans Life
YouTube / 석정현

More Fifty
Celeb Anti-Aging Secrets.. Sharon Stone.. Best Places To Retire Overseas.. Find Job After 50.. Clooney

Elle Fanning Doesn't Look Like This Anymore

Elle Fanning
Frazer Harrison via Getty Images

More Celebrity
J.Lo's SHEER Outfit.. Gorgeous, Hilary.. Jessica's Kiddies.. You Go, Emma!.. Tyson To The Rescue

Woman In Bikini Takes 'Selfies 4 The Homeless'

Selfies 4 Homeless
YouTube

More Impact
Obama: We All Need To Help Fight Ebola.. How To Help ISIS Victims.. Bus Driver Gives Life For Girl

5 Ways To Improve Sad Desk Lunches

Avocado Sad Desk Lunch
Alena Dvorakova/iStock/Thinkstock

More OWN
Easy Lunch Upgrades.. 'Good' Vs. 'Bad' Parents.. Oprah's Wild Adventure.. Amazing 3-Step Pasta Dish

Why People Are Putting Butter In Their Coffee

Butter Coffee
marekuliasz via Getty Images

More Taste
Savory Oatmeal.. Trader Joe's Secrets.. Chiffonade 101.. Stuffed Squash Recipes.. Best Kitchen Hacks

'South Park' Airs Scathing Ad During Game

South Park
Comedy Central

How To Stay Safe When Leaving An Abusive Relationship

Sad Woman
martin-dm via Getty Images

More Dr. Phil
5 Dating Tips.. #WhyIStayed.. Role Of The Man.. Autism Answers.. Relationship Advice

These Hidden Disney Connections Will Change How You See 'Frozen'

Frozen Elsa
ASSOCIATED PRESS

We Can't Get Over Adam Driver's Yearbook Photos

Adam Driver
ASSOCIATED PRESS

More Entertainment
'Maze Runner' Is King.. #TrueDetectiveSeason2.. Sir Mix-A-Lot Loves Nicki.. Nic Cage, Vampire?

Kris Jenner Files For Divorce

Kris Jenner Bruce Jenner Divorce
JB Lacroix via Getty Images

Woman Gets Third Boob 'Because I Don't Want To Date Anymore'

Tridevil
Facebook

More Weird
What STINKS?.. Cat Quacks.. Baby Bear Pole Dance.. Loch Ness.. Subway Sex.. Atrocious Beavers

Why These Teachers Are Assigning Banned Books

Captain Underpants
ASSOCIATED PRESS

More Books
Why LGBT Characters Matter.. Prison Fiction.. Quotes From Banned Books.. Amazing YA Novels

TV Reporter Makes Unbelievable Exit: 'F*ck It, I Quit'

Anchor Quits
YOUTUBE

This Is A Super Charming Way To Travel

Taormina
Peter Adams via Getty Images

More Travel
U.S. Oktoberfests.. Free Upgrades 101.. College Towns.. Hawaii Movies.. Baltimore ♥.. Fall Travel Spots

How David Bowie Turned Identity Into An Art

Bowie Poster
Kim Bellware/The Huffington Post

More Arts
2014 Genius Grants.. Best Tattoos On Instagram.. 'Tinderella'.. Satanic Coloring Book.. Mr. David Lych

10 Things Only Your Childhood Best Friend Understands

Childhood Friends
Geri Lavrov via Getty Images

More Healthy Living
Finding Purpose.. Last-Minute Runners.. Get More Sleep.. Organization = Stress.. Office Yoga Tip

After Alleged Nude Pics Leak, One Direction Star Addresses Gay Rumors

One Direction
Steve Granitz via Getty Images

More Gay Voices
Where's The Dildo?.. Why Gay Characters Truly Matter.. NPH Reveals Why He Finally Got Married

WATCH: Milky Way 'Cannibalized' By Nearby Galaxy

8 Reasons I'm Probably A Lot Happier Than You

Happy Older Woman
GlobalStock via Getty Images

No Outfit Has Been More Sexualized Or Scrutinized

Britney Spears Baby One More Time
YouTube

More Style
Joan Jett's Iconic Mullet.. Burberry's Cutest Model.. Bright Lips For Pale Girls.. A Chanel Fanny Pack?

WATCH: Saint Bernard Takes His Human As A Prisoner Of Love

Sully The St Bernard
mallemay s/ YouTube

More Good News
Boy's Delightful Dance.. Prince Harry's Gallant Gesture.. Missing Pup Found.. GoPro Puppies

Alicia Keys Is Trying To 'Make The World A Better Place' With Nude Photo

Alicia Keys
FADEL SENNA via Getty Images

'Mighty Ducks' Cast Sure Knows How To Stage A Reunion Photo

D2 Mighty Ducks
Instagram/ RedCrumbs

Bear Attacked And Killed Hiker, Authorities Say

More Green
Meatless Monday.. Killer Whale.. California Wildfire.. Oil Spills.. Industry Influence?.. Big CO2 Record

Joan Jett Proves That Some Things Never Go Out Of Style

Joan Jett Fp
Getty Images

'Gone Girl' Ending Question Finally Answered In Early Reviews

Gone Girl Movie Reviews
Fox

Here Are The Books People Want To Ban The Most

Banned Books Week
Jan Diehm