The situation is dire. By placing moral judgment on the impoverished, we do everyone a disservice. We fail to harvest the potential of so many bright and talented people in this country. And by doing so, we fail to thrive as a nation. It is imperative that we change the dialogue.
Saving money is this year's most popular financial resolution, with more than 37 percent of Americans prioritizing it over paying down debt, curbing their spending, investing and even getting a raise.
The 114th Congress has an opportunity to fundamentally shift American life. To do so, though, they must overcome cynical calculations that have become too common when it comes to young people and politics.
Democrats need to point out that they're turning over to the new Republican Congress an economy that is doing better than at any time in the past six years. They need to lay this down as a benchmark that they can later point to, no matter what happens. Republicans are already chomping at the bit to claim all that credit for themselves.
Confession time: By the time Election Day 2014 arrived, I was numb to arguments for and against raising the Illinois minimum wage.
Here are 10 ways in which we should be looking to change the structure of the market in 2015 so that all the money doesn't flow to the 1 percent. This list should provide a useful set of market-friendly policies that will lead to both more equality and more growth.
Surging stock prices will likely increase rather than decrease the costs of saving for retirement for most folks. Why? Because most people, including baby boomers who are inching closer to "retirement age", remain vastly underprepared for retirement.
The Best Idea for 2014 was requiring police to wear body cameras. This idea was so good it actually cut across the lines of the protestors and the supporters of police. Many on both sides of that divide support the idea, for what boils down to the same reason: the camera doesn't lie.
Even Obama's supporters sometimes express frustration because the president has refused to act for the sake of acting, shoot from the hip, or jump to conclusions. His approach, no matter the issue, has been measured, studied, thoughtful, cerebral and yes, lawyerly.
The midterms are behind us. In 2016, one thing any Democrat running for president must do is compare the record of Barack Obama (and Bill Clinton) to that of George W. Bush.
Government regulations place limits on the growth of businesses in this country. This is not charming or romantic, but oppressive. It is time to get over the myths and legends of America's "small business character."
In spite of the intense, unyielding, never-ending opposition to the Affordable Care Act (ACA), or Obamacare, nobody can deny that Obama has tackled the problem of health care costs growing out of control when nobody before him would. And that's not all.
It is both unfair and inaccurate to place all of the blame for unemployment solely on job seekers. Employers are less than perfect, too. In the current job market, technology has changed many of the "standard" practices. So it's a new ball game for both employers and job seekers.
For an economy heavily dependent on consumer spending, this is not a trivial consideration.
In 2008 the world was riveted by the economic collapse of Europe as countries plummeted into financial ruin due to deficits out of control. Particularly hard hit were countries like Greece, Portugal, Ireland, Cyprus, and Spain.
Two myths that caused great confusion over the last several years are now headed to the trash bin of history. Unfortunately, many of our great national myths have survived 2014.