One in four U.S. employees are low-wage workers. That is 20 percent higher than in the United Kingdom, and the highest percentage among industrialized nations. So how'd that all anti-union stuff work out?
A new report by the Urban Institute and Encore Capital Group's Consumer Credit Research Institute shows 77 million Americans -- 35 percent of those with files at a major credit bureau -- have a debt in collection. But as you can expect, there is always someone profiting from poverty.
The level of U.S. political rancor has reached an intensity not seen since the '60s with its battles over civil rights and the Vietnam War. On the one hand, we have Republicans advocating a new Iraq war and more tax breaks for the rich. On the other hand, we have Democrats saying no to war and standing up for working families.
Rather than focus on jobs, the 1 percent are attempting to turn the 2014 election into a referendum on President Obama.
If we soak the "1 percent" but do nothing to win them over to the cause of making our country more equitable, can that victory really last? I don't think so.
In an America where, when it comes to the political system, the Supreme Court has now granted the dollar the full right to speak its mind, and ever more of those dollars can be found in the pockets of... well, not to put a fine point on it, plutocrats, we need a new (that is, old) vocabulary to fit our changing circumstances.
Stop taxing unemployment benefits. This is a regressive concept. Why should we be taxing the meager benefits of those Americans who are out of work? Give them a break. They're down on their luck. Why require them to pay taxes on benefits?
I carry with me the knowledge that economics isn't about numbers, it's about people. I know now that it's up to us to decide whether the way we pay people, the work we offer them, and how we treat them on the job is just about money or if it's about society, about how we live, who we are, the nature of America.
Appalled both by the concentrations of wealth enjoyed by the French aristocracy and by their callous exploitation of the poor, Thomas Jefferson proposed an antidote for the fledgling United States: a progressive tax code.
It took cajoling for California to take a healthy step forward to help more people register to vote. It will take a chorus of community voices, now and in the weeks to come, to maximize the grassroots response and maintain the momentum.
The Republican plutocratic agenda couldn't work without millions of dollars in unrestricted conservative funding. Thanks to the Republican majority in the Supreme Court, all the barriers against big money and guarantees of political fairness are being dismantled.
Does Walmart really care more about the fate of about hungry children than does Congress? Um, not really. Walmart has instead acknowledged publicly that federal cuts to food stamps are a threat to its bottom line.
Although Americans are concerned about lots of issues -- the minimum wage, decent jobs, healthcare, education, and protection of the environment, to name only a few -- what they crave is a reassertion of fundamental American values: fairness, justice, and equal opportunity for all.
Rents have risen dramatically over the last decade, even as household wages for most families have continued to fall. But a broad coalition of groups have come together leading the fight for New York City workers.
As the Occupy movement made inescapably clear, there is a war being waged by the one percent against the 99 percent. 15 Now is a campaign that seeks to struggle against the injustices of our current economic system.
The path to financial stability is harder to navigate than it has been in almost a century. And yet, the 99 percent forge ahead unappreciated by the fortunate few who reap the profits and call themselves deserving.