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Income Disparity

Democrats Have To Stand Up to the GOP's Budget Proposals, Even if It Means a Government Shutdown

Mitchell Bard | Posted 06.07.2011 | Politics
Mitchell Bard

My message to the Democrats is simple and straightforward: Hold the line, and do not fold. As bad as a shutdown would be, allowing the Republicans to win would be far worse for the country.

Janell Ross

Starting Poor, Staying Poor: For Minority Children, A Lifetime Of Consequences | Janell Ross | Posted 06.06.2011 | Business

Children of color are four times more likely than their white peers to be born into a poor family and suffer a lifetime of consequences, ranging from ...

Remembering the Recession on St. Patrick's Day

Rick Sloan | Posted 05.25.2011 | Politics
Rick Sloan

American workers today are reliving the hard times that laid waste to an entire island 150 years ago. As the toasts of "Erin Go Bragh" echo across Washington today, the complete indifference of politicians is, once again, on display for an entire continent to see.

Why Americans Are More Religious Than Europeans

Nigel Barber | Posted 06.08.2012 | World
Nigel Barber

In the U.S., the vast majority of the population claims to be religious in surveys, although far fewer show up in church on Sundays. This is very different from the picture in Europe.

Study: New York's Income Equality Worse Than Chile's

Posted 05.25.2011 | New York

A new report by the Fiscal Policy Institute called "Grow Together or Pull Further Apart? Income Concentration Trends in New York," details the vast an...

A Pledge to 1% of America

Terrance Heath | Posted 10.08.2010 | Politics
Terrance Heath

The "Pledge to America" is, in truth, a pledge to continue the same policies that brought us the current economic crisis.

The Secret Big-Money Takeover of America

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

We are now facing an election that marks an even sharper turn toward plutocratic capitalism than before -- a government by and for the rich and big corporations -- and away from democratic capitalism.

What Does a Vote for a GOP Candidate in November Really Mean?

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

A vote for the GOP in November will be a vote for the richest one percent of the country at the expense of the rest of us. And it will be a vote for the kind of fear that we, as a country, would eventually come to regret.

Brookings Institute Study: Denver Well-Positio

The Denver Post | Burt Hubbard | Posted 05.25.2011 | Denver

The Denver area is poised to emerge in the coming decade as a model for economic growth, while avoiding much of the conflict and upheaval facing other...

Jason Linkins

David Brooks Presents Genuinely Weird Income Statistic | Jason Linkins | Posted 05.25.2011 | Business

So, Joel Kotkin wrote a book called "The Next Hundred Million: America in 2050", and David Brooks read it, and got so optimistic that today he has a c...

America Needs More Economic Mobility

Ron Haskins | Posted 05.25.2011 | Politics
Ron Haskins

The popular reading of the American Dream is that America tries to ensure equal opportunity so that hard work and initiative pay off. As it turns out, you need to pick your parents well, too.

Racial Wealth Disparities Report Underscores Immediate Need for Civil Rights Intervention

Rev. Jesse Jackson | Posted 05.25.2011 | Politics
Rev. Jesse Jackson

A new study released by the Institute on Assets and Social Policy revealed that even when African-Americans had a good education and well-paying jobs, they could not achieve the wealth of their white peers.

Women Of Color Have Median Wealth Of Just $5: Study

The Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

According to a report released by the Insight Center for Community Economic Development this week, there is a vast discrepancy in wealth between singl...

Number Of U.S. Millionaires Soared In 2009: Spectrem Group

Huffington Post | Ryan McCarthy and Grace Kiser | Posted 05.25.2011 | Business

It was a good year to be rich. Or ultra-rich, for that matter. The number of U.S. households with a net worth of $1 million or more -- excluding w...

'Empathic Civilization': Is It Time To Replace The American Dream?

Jeremy Rifkin | Posted 05.25.2011 | Books
Jeremy Rifkin

To suggest that the American Dream itself is misguided, outdated, and even damaging to the American psyche, would be considered almost treasonous. Yet, I would like to suggest just that.

Gap Between LA's Rich And Poor Widening

LA Daily | Posted 05.25.2011 | Los Angeles

Los Angeles County. Home of The Hills, Rodeo Drive, and arguably the most exotic and high-end cars in the world. California has more billionaires than...

Innovation Improves Quality of Life Even When Incomes Lag

Dennis Whittle | Posted 05.25.2011 | World
Dennis Whittle

The standard of living in developing countries has increased much faster than growth in income because of innovation, which has driven down the cost of goods and services.

Income Inequality Is At An All-Time High: STUDY

Posted 05.25.2011 | Business

Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently update...

Bleeding Heart Liberals Proven Right: Too Much Inequality Harms a Society

Robert Fuller | Posted 05.25.2011 | Politics
Robert Fuller

The well being of whole societies is closely correlated not with average income level but rather with the size of the disparity of income between the top 20% and the bottom 20%.

American Values and the Financial Meltdown

William Fisher | Posted 05.25.2011 | Politics
William Fisher

Most of us live overstressed lives and enjoy relaxing with music, sports, even the mindless mischief of Paris Hilton. But is this really what we mean by The American Dream?

A View of the World from the Aspen Ideas Festival

Lynda Resnick | Posted 05.25.2011 | Politics
Lynda Resnick

Perhaps we need a benevolent dictator, not a president. No, that won't work... so how do we solve our problems? By attending festivals of ideas in Aspen and returning home charged with a new spirit of change.

IRS: Rich Keep Getting Richer

Wall Street Journal | Greg Ip | Posted 05.25.2011 | Business

The richest Americans' share of national income has hit a postwar record, surpassing the highs reached in the 1990s bull market, and underlining the d...