The wealthy continue to see significant income and wealth gains while the majority of people are experiencing stagnant living standards. Income inequality is one of the most significant financial stories right now, and there's no end in sight.
Using public funds to build professional sports facilities is an ineffective, inefficient strategy for promoting economic development -- and, one might infer, an especially unseemly use of scare resources in a city like Milwaukee where 29 percent of its nearly 600,000 residents live in poverty. But in our new Gilded Age, big money has no shame.
The tea party and other elected extremists cannot bring themselves to believe that voters just aren't buying the poisonous policies they're trying to sell. So they operate under the belief that if you won't vote for them, you shouldn't vote at all.
Income inequality is killing the economy. Retailers, bankers and Democrats agree on that. Really. It's only Republicans who continue to insist that income inequality is great.
The Internet is replete with apologias for the rich. They are thinly sourced and even less well-thought. The goal is simple: to justify the unjustifiable chasm between the rich and poor, globally and within our nation. But the irony is that, rather than being better than the rest of us, in many ways the rich are worse.
Democracy is worth fighting for. Regardless of the president's popularity, progressives need to get involved in this election and fight for candidates that hold our values.
Like many who are attuned to politics in America today, we're well aware of the enormous sums of money you spend to influence both politics and policy. You obviously have some very strong beliefs, but we, and countless other Americans just don't understand where you're coming from.
That so many of our friends and neighbors face such profound financial insecurity after five years of supposed economic recovery tells me we have a lot of work to do if we're serious about America being the "land of opportunity."
Up in the sky, look: It's a bird. It's a plane. It's SuperCEO! Faster than a speeding retweet, more powerful than his female colleagues, able to leap monumental fuck ups in a single bound. Satya Nadella, CEO of Microsoft, has a superhuman task ahead if he's going to out-fly the PR disaster he created.
Author Bob Herbert found an America in which jobs have disappeared, infrastructure is falling apart and the "virtuous cycle" of well-paid workers spending their wages to power the economy has been broken by greed and the gap between the very rich and everyone else.
Not only is the deficit down sharply from its levels of 2009 and 2010, when it was near 10 percent of GDP, it is below the levels that even the deficit hawks had targeted back in those years. In other words, even if we had followed the lead of deficit crusaders like Erskine Bowles and Alan Simpson, the deficit would be no lower today.
At the national conference of the American Academy of Pediatrics (AAP) this past weekend, I got to hear Hillary Clinton talk about the AAP's partnership with her "Too Small to Fail" campaign. It made me happy -- and sad.
Fantasy makes great television and literature. It also makes poor public policy. Poverty denial molds how many conservatives, and even independents, understand economic deprivation.
Our nation has been at its best when honoring a longstanding social contract that balances unbounded wealth building opportunity with fairness. Sharing our burdens as well as our benefits across various income groups is what has always made America strong.
Changing complex education systems is no easy feat. It requires patience, humility, and a willingness to honestly and openly acknowledge "what is" in order to work towards "what could be."
A specter is haunting America - the privatization of its public schools, and Big Money has entered into an unholy alliance to aid and abet it. Multi-billionaire philanthropists and others are making common cause to hasten the destruction of public schools.