In 1970 the top 100 CEOs earned approximately $45 for every dollar earned by the average worker. By last year, it was $1,081 to one. There is no economic theory that can explain this obscene gap.
The decline in the unemployment rate merely reflects a decline in participation rates. It's less a bellwether of economic strength and more a cri de coeur of despair.
What we need is for the president's economic hotshots, Timothy Geithner and Lawrence Summers, to grant damaging interviews to Rolling Stone.
Many American homes are now at risk of some level of foreclosure. Federal government intervention on the behalf of these citizens is falling short of actually addressing their needs.
To the surprise of many, Blanche Lincoln won her Arkansas Senate runoff. She did so as a modern-day William Jennings Bryan, standing up for farmers and pushing a strong Wall Street reform proposal to protect taxpayers.
The Fed projects a GDP barely above that needed to keep pace with the growth in the labor force. But all the boosters keeping the economy barely going now are coming to an end. So what do you do?
We as a nation are tolerating very selfish behaviors that hurt our workers, trade balance and the national security of our country, mostly because leaders in Washington are too deferential to big finance and multinational corporations.
Perhaps operating under the fear of that "if you try to actually fix something, you own it politically," our government continues to abdicate its responsibilities in the ongoing disaster in the Gulf.
By now you have probably realized -- correctly -- that "financial reform" has turned into a victory lap for Wall Street.
Engaging China on issues like Iran's nuclear program and North Korea's sinking of a South Korean navy ship this year ought not come at the expense of long-term bilateral priorities.
We need to understand that "regulatory capture" has become a way of life in Washington. The current reforms don't go nearly far enough.
The reality is that Geithner should not be worrying that American goods get access to Chinese markets until he assures that American companies will be able to sell to American markets and not be frozen out by Chinese made goods.
I hope Buffett's fans realize that their dividends and capital gains are partly derived from taxpayer bailouts and from those financial weapons of mass destruction Buffett used to denounce.
Is it too much to hope that the world's best reporters will stay focused on the big picture, without being distracted by the daily undulations of minor gossip?
The Obama administration has made several false starts at serious mortgage relief. But every single shift in the program has been hobbled by the same basic problem -- it is voluntary to the bankers.
Innovation is still a deep cultural strength, positioning the U.S. as leaders in many industries. But how will American companies achieve growth, given the evolution of the global economy?