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Lawrence Mishel

Why the Decrease in Unions and Defined Benefit Retirement Plans Hurts Us All

Don McNay | Posted 10.29.2014 | Business
Don McNay

Is there a correlation between the drop in unions and the drop in defined benefits plans? It certainly seems like it. As defined benefit plans are going away, so is the safety net for older Americans. Most bankruptcy filers are under age 54, but there is a steady rise in bankruptcies of people over age 55.

Martin Luther King Worried About Economic Injustice

Harlan Green | Posted 10.29.2013 | Business
Harlan Green

Martin Luther King said the basis of disparities between the races had as much to do with income inequality as outright racism in his book, Why We Can...

Fighting for Our Classrooms, and for the Human Beings Inside Them

Richard (RJ) Eskow | Posted 08.12.2013 | Politics
Richard (RJ) Eskow

On one side are the forces of egalitarianism, economic opportunity, and self-determination. On the other is a well-funded and entrenched elite bent on hijacking our media, our political process, and our institutions, for their selfish ends.

What Has Caused Record Inequality (and Greater Recessions)?

Harlan Green | Posted 06.29.2012 | Business
Harlan Green

We can no longer tolerate such a diversion of wealth that has weakened our economic and social fabric so much that we have fallen behind the rest of the developed world in education, health care, aging infrastructure, and even environmental protection.

U.S. Wages Aren't Keeping Up With U.S. Productivity, EPI Says

The Huffington Post | Harry Bradford | Posted 05.25.2011 | Business

Ever feel your work isn’t being adequately represented by the final amount on your paycheck? Turns out that nagging sense of injustice isn’t j...

The F Word: Why Tax When You Can Freeze?

Laura Flanders | Posted 05.25.2011 | Politics
Laura Flanders

Although that $2 billion Obama estimates he'll save in freezing federal employees' wages sounds like a lot of money, it isn't. Compare it to the $700 billion that we handed over to Wall Street.

Too Old to Rock 'n' Roll, Too Young to Die Ruin Social Security

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

Don't Fear the Boomers. Despite the scaremongers' attempts to incite generational war, people born between 1946 and 1964 are not going to destroy Social Security. But don't just take my word for it. Ask an actuary.

IMF Protesters Try to Disrupt Cambridge University Address by Strauss-Kahn

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

IMF Executive Director Dominique Strauss-Kahn is "cool under fire", as Central European University President John Shattuck said when introducing him, and didn't break his stride during his presentation at Kings College, University of Cambridge.

Income Inequality: Top 400 U.S. Earners See Income Rise 476% In Last 15 Years

epi.org | Lawrence Mishel | Posted 05.25.2011 | Business

The 400 American households with the highest incomes also have enjoyed a much faster pace of income growth than the vast majority. And, because tax r...

Both Sides Agree: Address Jobs Now and Deficits Later

Lawrence Mishel | Posted 05.25.2011 | Politics
Lawrence Mishel

Spending on job creation is not inconsistent with deficit reduction -- in fact, high deficits will be with us as long as high unemployment is. Many of our leaders still do not understand this.

Shahien Nasiripour

Unemployment Rate Drop Is Good News But It's Likely To Rise Again

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The surprising drop in the unemployment rate released Friday may seem like good news, but experts expect the rate to rise in the months ahead. Among ...

100 Years Later: Remembering The Factory that Built the American Dream

Michael Rose | Posted 05.25.2011 | Business
Michael Rose

On New Year's Day of 1910, Henry Ford started producing Model T's at what was then the world's largest auto factory -- the Highland Park Ford Plant.

Eliot Spitzer: Obama Economic Policies Ineffective, A Continuation Of Bush

Posted 05.25.2011 | Business

Are Obama's economic policies actually working? Intelligence Squared posed this question to six policy experts at a debate in New York this week. ...

Jobs: Aughts for Naught

Lawrence Mishel | Posted 05.25.2011 | Business
Lawrence Mishel

It's official, the last decade was indeed a lost decade for job creation. We should note how we got here. Right-wing economic policies emphasized that government was the problem and the market always knew best.