Building on yesterday’s post about how despite the low unemployment numbers, people’s lived economy is basically terrible, Jacob Hacker has a very useful op-ed in the Times on the same iss
Yes, unemployment rates are low. There are jobs for most people who want them. But this has not really budged the national worry over income inequality and the widespread belief that the economy does
The latest Economic Policy Institute report on the New Gilded Age is out and it is a go-to resource on income inequality. From the executive summary: In 2015, the top 1 percent of families in the U.S.
Now that the entire nation is on the road to becoming Texas, let’s see what life is like in the Lone Star Republic. Texans Carlos Santiago and Mary New, who both went from local schools to caree
This is an interesting approach to grotesque CEO pay in the New Gilded Age. In Portland, Oregon, lawmakers aren’t holding their collective breath. In a move that made international headlines, Portla
While I have my objections to the entire idea of “The American Dream” because it has a priori assumptions that will and should be at the bottom of a society that values competitiveness and
It’s hardly surprising that growing income inequality would exacerbate other forms of inequality. Thus, this EPI study demonstrating the connections between income inequality and black/white wag
Today’s posts of course will only be about how America is totally awesome and so to celebrate, let’s blow our fingers off with fireworks this evening. To start with, the U.S. has reached n