Not-So-Fun Facts About Income Inequality
The latest Institute for Policy Studies report on the Forbes 400 and the rest of us underscores why we urgently need “policies that directly address the top-heavy distribution of wealth.”
Category: Economy
Welfare Reform’s Broken Promises Exposed Again
One of the remarkably few efforts to examine how welfare recipients actually fare once they get back into the workforce uncovers the inconvenient truth behind right-wing rhetoric about aid to low-income people.
The Moral Challenge Bernie Sanders Brought to the House Falwell Built
The progressive presidential candidate went to a pillar of the religious right – Liberty University – and highlighted the immorality of income inequality and the rigged economy that produced it.
4 Percent Growth Doesn’t Look So Crazy When You’re At 3.7 Percent
Weeks after a top White House official said no “serious economist” would consider 4 percent annual growth “within the realm of possibility,” we almost reached that during one quarter. What do we say now?
Tell Obama and Congress to Stop the Squeeze on Greece
A petition launched today calls on President Obama and Congress to urge the European Central Bank to support the Greek banking system while negotiations continue toward “a fair agreement” for the Greek people.
A Warning to U.S. About Right-Wing Policies Harming the Greek Economy
What’s the lesson that we need to learn from the Greek debt crisis? Unless you want U.S. streets overrun with motorcycles, we need to invest in our economy and oppose right-wing austerity policies here in America.
Postal Banking Idea Wins Support From Postal Service Inspector General
An Inspector General’s report outlines how post officies could provide essential services to some 68 million Americans who don’t have a bank account or depend on check-cashing and payday lending outfits.
Progressives Unveil Complementary Agendas To Address Inequality
At a site near the White House and at the Capitol, progressive leaders pressed agendas designed to end the era of extreme wealth concentration and replace it with economic growth built on shared prosperity.
Study Finds Right-Wing Tax Voodoo Doesn’t Work
“Our results are inconsistent with the view that cuts in top state income tax rates will automatically or necessarily generate growth,” says a report from the Tax Policy Center.
One More Time: Marriage Doesn’t Alleviate Poverty
The conservative argument that declining marriage rates contribute to high rates of poverty is a hardy perennial. Yet there are 15 million poor people in married households. Facts are stubborn things.