It's one of the oldest right-wing claims: "Excessive" regulation will harm job creators and kill the economy. But is it based on sound economics?
There is no way that a typical Walmart worker could support one or two children without help from the government. In this picture, the government is the helping hand that allows workers to make ends meet despite the bad cards dealt to them. The problem with this story is that the cards were not just dealt out randomly; there was a rigged deck.
However, the fantasy land of Panem is not so far off from the landscape of America's current social and economic inequality. The Hunger Games are real. The Hunger Games are here. And what the Hunger Games mean is the death of the American Dream.
The opportunity structure that fueled the American Dream had elements of reality and elements of myth, but today the dream is over.
Today we aren't working. I plan to relax after I make the stuffing, mash potatoes, sweet potatoes, cranberry sauce, pumpkin pie, get the turkey in the oven, and clean the house. Maybe I should have worked today.
As usual when Illinois ranks third in a Top 10 list, it's two places from being the worst. In this case, we're the third worst-run state in the U.S....
You worked hard for that money. No one can deny that. You have been rewarded for your talent, your intelligence, your risk-taking, your creativity, and your good fortune. The notion that you should change a system that has worked so well must seem downright stupid.
When residing in the U.S., an aspiring but not yet permanent resident, the first crucial step to acquiring the American-ness I have come to love and d...
The Thrive Budget is based upon a simple formula that you should be limiting your basic needs expenditures to 50 percent of your budget, while the other half should be empowering you to thrive.
In fact, it was even a big week just for political anniversaries. Fifty years ago this week, an event of no little importance happened. I speak, of course, tomorrow's 50th anniversary of the first broadcast of Doctor Who by the BBC.
Cuts are often sold as 'savings', completely disregarding the human and economic cost of fewer people working and the impacts that ripple out across families and communities.
Had McCain been president for the last five years, a lot of things would probably be the same, and some would be different. The biggest difference would be that many Republicans would stand by the president, and just as many Democrats would be calling for impeachment.
We know that the economy's been growing and that company profits have been high. There's nothing wrong with profits, but there's definitely something wrong when they fail to lead to employment and earnings gains for the broad majority.
The ideal is to achieve both quantity and quality, but we still have to fix the system so that it can deliver both. Until such a time as the education system can offer all its learners a fair chance of success, it has no right to force them into paths of failure.
Legislation proposed in the House and Senate yesterday would renew the Emergency Unemployment Compensation (EUC) program through 2014, providing criti...
Last week I had the chance to sit down with a group of college students and new graduates to pick their brains on how kids these days are starting their careers.