Last month, McDonald's gave its workers a little gift -- a budget purporting to show how to survive on the starvation wages the burger behemoth pays. The bizarre financial plan made millionaire McDonald's CEO Don Thompson look like a real clown.
On the housing front, the good news is that the president wants Mel Watt to head the FHFA. The really bad news is that the problems in the U.S. housing system are currently so entrenched that, even if he is confirmed, Mel Watt will be hard-pressed to resolve them.
With income inequality in New York greater than anywhere else in the country, I for one would be doing everything to dispense crumbs to the poor, just to show that even though I have my own jet fleet, I still care about the less fortunate. But that's not what's happening.
Republicans never knew what their districts had gotten from the federal government. Until it was gone. Until after they'd paved it over with the sequester. Now they're stalled in an economically barren parking lot of their own creation.
D.C. can easily cover the sequester cuts, given the $400 million budget surplus it announced earlier this year. The outstanding question, however, is whether or not Mayor Vince Gray will be an advocate for this city's growing poor population.
Each year in the United States, 3.5 million people are homeless, with 100,000 homeless vets. If you are homeless, you are also hungry, and you likely don't know where your next meal will come from. Is this really America?
Some recent reports suggest that homelessness is not increasing significantly. This is due to both flaws in the data they rely on and the narrow way they define homelessness. The result is confusion and misguided policies.