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Wealth Gap

Mobilizing the Disadvantaged

Keith Weigelt | Posted 05.20.2013 | Impact
Keith Weigelt

Many people are led to believe that investing is too complicated to handle on one's own. We believe this is not true. Investing can get complicated but it can also stay simple.

Dire Warning About Rich-Poor Divide

Reuters | Posted 05.14.2013 | Business

* Welfare spending vital to bridging growing wealth gap - OECD * Rich-poor divided widened quickly after financial crisis ...

D.C.'s Millionaire Tax Shelter: Out-of-State Bonds

Ed Lazere | Posted 05.07.2013 | DC
Ed Lazere

A concern about protecting retirees who rely on out-of-state bonds makes sense. But using that argument to protect a tax shelter for multi-millionaires does not.

Study: The Recession Widened The Racial Wealth Gap

The Huffington Post | Jillian Berman | Posted 04.29.2013 | Business

The Great Recession decimated the wealth of many Americans, but the downturn hit black and Hispanic families especially hard, a new study finds, widen...

May Day And Torah: Biblical Ecology And Economics For The 21st (Or 58th) Century

Rabbi Arthur Waskow | Posted 04.22.2013 | Religion
Rabbi Arthur Waskow

Is there some subterranean -- even subversive -- connection between spring celebration of the Earth and spring celebration of work and time for rest?

Chained USA: How Republicans Are Exploiting Inequality to Force Americans Into Debt

Sanjay Sanghoee | Posted 04.15.2013 | Business
Sanjay Sanghoee

Attacking the Republicans for their indifference to inequality is like shooting fish in a barrel. There is no shortage of examples showing how little...

Sequester People Like Me, Not Struggling Americans

Rick Steves | Posted 04.04.2013 | Travel
Rick Steves

I'm a member of a group of wealthy people advocating for more progressive taxation so that we can build a society with a healthier balance. I know the notion of "job creators" like me advocating for higher taxes on the wealthy infuriates many, but I think doing so is patriotic.

The Super-Rich and Their Enablers Are Playing With Fire

Allan Brawley | Posted 05.19.2013 | Politics
Allan Brawley

Unfortunately, the inevitable social explosion that their grasping for unlimited political power and even greater concentration of income and wealth than presently exists will produce collateral damage and unpredictable outcomes.

Break Up Executive Pay, Not the Banks, to Fix Too-Big-to-Fail

Sanjay Sanghoee | Posted 05.19.2013 | Business
Sanjay Sanghoee

While in theory the system pays people for responsible decision-making, in practice it rewards executives for generating outsize returns even at the expense of the company's future.

The Wealth Gap Is an Opportunity Gap

Valerie Ervin | Posted 05.17.2013 | Impact
Valerie Ervin

We have to do more than tread water. The sense of urgency is great. A new wave of civic engagement in communities of color is necessary to move this agenda forward. It is the only way that opportunity for all will be attainable.

Could This Measure Help Close The Racial Wealth Gap?

diverseeducation.com | Posted 03.15.2013 | Black Voices

African-Americans bear a disproportionate amount of consumer debt in our nation’s economy. The wealth gap between African-Americans and average Amer...

America's Racial Wealth Gap Is Fixable

Preeti Vissa | Posted 05.11.2013 | Politics
Preeti Vissa

America's yawning racial wealth gap gets mentioned only rarely in political and policy discussions -- perhaps the only thing rarer is for a political leader to suggest that this problem can actually be fixed.

Racial Wealth Gap Tripled Since Reagan Era As Whites Increase Large Lead Over Blacks: Study

The Huffington Post | Bonnie Kavoussi | Posted 02.27.2013 | Business

The wealth gap between blacks and whites has ballooned since the middle of the Reagan administration, nearly tripling between 1984 and 2009, according...

The Myth of Social Security's Insolvency

Fred Lundgren | Posted 04.12.2013 | Politics
Fred Lundgren

It is time for all top wage earners and all the other Social Security mythmakers to put away their bad ideas and silence their propaganda for the real good of America.

Race, Money, and Inequality: Time for a New Affirmative Action

Sanjay Sanghoee | Posted 02.08.2013 | Politics
Sanjay Sanghoee

The idea of using economic hardship as a determinant for socially progressive programs is not new and was even considered by President Lyndon Johnson and Rev. Dr. Martin Luther King Jr., but has never been entertained seriously due to a lack of political will.

Dollars & Sense: How to Raise the Minimum Wage, Improve our Workforce and Cover the Cost

Sanjay Sanghoee | Posted 03.24.2013 | Business
Sanjay Sanghoee

The struggle to make ends meet and the incidental factors that accompany living in poverty conditions, such as sleep deprivation, poor health care, long commutes to work, lack of free time to further education, etc. -- all make it nearly impossible for such people to train themselves.

Urban Poverty in America: The Truly Disadvantaged Revisited

Wilmot Allen | Posted 03.22.2013 | Impact
Wilmot Allen

"Quite frankly, I think that Obama's programs have prevented poverty, including concentrated poverty, from rapidly rising, considering the terrible economy."

The World's Richest People Just Got Richer

Posted 01.04.2013 | Business

The world's richest people just got richer. According to the Bloomberg Billionaires Index, the 100 richest people in the world added $241 billion t...

46 Trillion Reasons to Evolve Society Right Now

David DeGraw | Posted 02.09.2013 | Home
David DeGraw

In the U.S., the 400 richest people now have as much wealth as 185 million people combined, nearly 60 percent of the entire population. Millionaire households have at least $46 trillion in wealth, yet only one-tenth of one percent of the population makes one million dollars a year.

America's Trickle "Up" Economy and the Rationalization of Inequality

Sanjay Sanghoee | Posted 02.06.2013 | Business
Sanjay Sanghoee

By linking the welfare of working-class Americans directly to the prosperity of the rich, the Republicans can protect the insulated interests of corporations and the wealthy without the fear of backlash.

Minimum Wage, the Poverty Trap, and America's Imperative (Part I)

Sanjay Sanghoee | Posted 01.27.2013 | Business
Sanjay Sanghoee

In fact, taking inflation into account, the highest minimum wage occurred in 1968, when it was the equivalent of $10.38/hour in today's dollars, which means that the real minimum wage has actually declined. This presents three big problems.

Politics and Equality: Why the Rich Should Be Grateful to Obama for Taxing Them

Sanjay Sanghoee | Posted 01.15.2013 | Business
Sanjay Sanghoee

Raising taxes on the rich, who usually pay a lower rate than everyone else because of the loopholes available to them, is not about redistribution of wealth but about creating a level economic playing field for all Americans.

Closing Tech Innovation Divide and the Wealth Gap

Mike Green | Posted 01.02.2013 | Black Voices
Mike Green

Would you like a $100,000 grant to test an idea or implement an innovation you've developed? That's a question the federal government is asking -- but few minorities are responding.

Joe the Plumber, We Miss You!

Sam Pizzigati | Posted 12.23.2012 | Politics
Sam Pizzigati

Joe the Plumber and other fans of great fortune don't have much problem with this huge accumulation of wealth at America's economic summit. What about the rest of us? Should we be concerned?

Debate This: False Deficit Narrative Serves Wealth Redistribution Upward

Michele Swenson | Posted 10.16.2012 | Denver
Michele Swenson

An indicator of their fealty to corporate money, mainstream media and both political parties dance around a primary means to address both inflationary health costs and deficits: Improved Medicare-for-All as Major Deficit Reduction.