Stop the Presses: The Rich Get Richer
The New York Times published an op-ed titled "The Rich Get Even Richer." I guess their next scoops will be "Hudson River Full of Water" and "Pope Benedict XVI Is Catholic."
The New York Times published an op-ed titled "The Rich Get Even Richer." I guess their next scoops will be "Hudson River Full of Water" and "Pope Benedict XVI Is Catholic."
Eric Alterman | Posted 03.30.2012
Instead of seeking remedies to this ongoing problem, the putative guardians of our democratic principles, rights and responsibilities -- the United States Supreme Court -- has chosen to vastly exacerbate the situation.
Jess Coleman | Posted 04.02.2012
Mr. Dimon, you seem to think it's an attack to ask you to pay more taxes. But shouldn't you be required to pay more into a system that arbitrarily benefitted you more than others? Seems fair to me.
Frank A. Weil | Posted 03.21.2012
A little encounter opened my complacent and privileged mind to a not so brave new world out there that we have to deal with and try to correct.
Posted 12.08.2011
WNYC has built an interesting map using data from the Census Bureau to highlight the city's wealthiest and poorest neighborhoods. The data, which ...
Posted 12.01.2011
The labor force's share of income has plunged to its lowest level since the measure was first recorded. The labor force's share of income -- or th...
Jared Bernstein | Posted 01.30.2012
Why has income inequality gone up so much and why does it matter? Let's start with facts of the case.
Steve Fraser | Posted 01.29.2012
In 1729, Jonathan Swift's idea was simple: the starving Irish should sell their own children to the rich as food. I want to suggest that we put in motion a similar undertaking. The basic idea is that we offer ourselves up as a sacrifice to the bond markets.
Gregory Floyd | Posted 01.15.2012
Protests are forming all over the country, and the message is clear: it's time for this country to be taken away from the wealthy special interests and given back to the people.
José Fernando López | Posted 01.08.2012
Unbeknownst and unintentionally -- a report from the Congressional Budget Office has done nothing but provide new munitions to the Occupy Wall Street movement.
Grant Cardone | Posted 01.04.2012
The rich would love nothing more than for everyone move up an income or wealth level. It is ridiculous to think the the richest 1% want to hold others...
David Coates | Posted 12.31.2011
To what degree are we all fellow-citizens in this society, and to what degree are we not? Are we one America or are we two? If we are one America, it is surely time to make the alleviation of poverty our number one priority.
Annabel Park | Posted 12.28.2011
How do we define ourselves as a nation and how do we fix what isn't working in America today? This is what has motivated so many Americans to occupy Wall Street and Main Street from coast to coast.
Posted 12.27.2011
Maybe Americans are so fed up with growing income inequality because it's so widespread. The cities with the highest levels of income inequality a...
Marian Wright Edelman | Posted 12.21.2011
"The Economy Stupid" were the words on the now famous sign in successful presidential candidate Bill Clinton's 1992 war room. Today, that sign should be in the war rooms of all candidates.
Marian Wright Edelman | Posted 12.19.2011
Is poverty in America becoming normalized? Have 16.4 million children living in poverty become an accepted part of American life? The answer seems to be yes.
Jacoba Urist | Posted 12.12.2011
Under all of Occupy Wall Street's signage, there's a fundamental truth we can't afford to ignore: the growing income gap in this country is a big problem for everybody. Yesterday, though, they crossed a line in the sand.
Jared Bernstein | Posted 10.14.2011
Why did we economists squander the opportunity for a new paradigm of thought? Not because there's so much information on the web. It is, at least in part, because the concentration of wealth and power blocked the new ideas from a fair hearing.
Posted 10.04.2011
LONDON (Ben Hirschler and Scott Barber) - A stuttering economy and anemic profit growth means company bosses' pay is unlikely to rise as fast this...
Posted 09.26.2011
From the New York Times: Hispanic families accounted for the largest single decline in wealth of any ethnic and racial group in the country during...
Christopher Brauchli | Posted 09.20.2011
The main reason that the tax rate in the United States for the rich is low is that being rich, many of the rich do not need to work.
Rebecca Gerendasy | Posted 09.20.2011
If America is the greatest nation in the world, why can't we eliminate (or significantly reduce) hunger and food insecurity in this country?
Rick Sloan | Posted 07.25.2011
Where are labor's allies? Where are Israel's friends? Where, exactly, are the supporters of civil rights, immigrant rights and women's rights? Each ...
Andrew Berg | Posted 06.08.2011
Some dismiss inequality and focus instead on overall growth -- arguing, in effect, that a rising tide lifts all boats. But when a handful of yachts become ocean liners while the rest remain lowly canoes, something is seriously amiss.
Mitchell Bard | Posted 06.07.2011
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.
Steven Clifford | Posted 04.02.2012