One of the greatest cons in modern political history is the Republican Party’s success at casting themselves as the responsible economic party. It’s true, I guess, as long as you assume that anyone making below the median income needs to die.
I had only been in West Virginia for a day when Josh Sword, the head of the state AFL-CIO, told me casually that a revolution is coming. He is not a particularly radical guy. He was just giving an honest, matter-of-fact reading of the political situation. “I don’t know how bad things have to get. In West Virginia, it…
Boyish scamp and retrograde class warrior Paul Ryan is turning his attention to “tax reform,” a term of art for the process of moving our nation’s wealth into the bank accounts of the very rich. Here is one statistic that tells the entire story.
Donald Trump loves trucks, I guess. Also, the trucking industry is poised to be decimated by technological change. Here we have an opportunity.
The United States is the richest and mightiest nation on earth. Where do we rank in global happiness? Fourteenth. Why? Thanks to our “rising inequality, corruption, isolation, and distrust.”
The good news: our relatively strong economy helped to raise wages for everyone in 2016. The bad news: this is a mere blip in the context of overall inequality. And it’s likely to get worse.
Perhaps you imagine that enlightened lawmaking will bring our nation’s rampant inequality problem under control. History tells us the prognosis may be much, much more grim. We spoke to the author of one of the scariest books we have ever read.
Can you imagine telling an inequality-wracked world that we might not want to take away a billionaire’s money? Absurd. And poorly argued!
“CEO” is a term for someone who is paid more money than you because they are able to project a large degree of confidence about their wrong ideas. Don’t take my word for it—it’s science!
The “big problems” that America faces do not involve imaginary threats from immigrants, street crime, or voter fraud. Rather, they involve the fact that grotesque inequality is baked into our nation, and nobody in power cares enough to do much about it.
Every year, the government releases updated numbers on union membership in America. And every year, the number falls. Where is the rage, rage against the dying of the unions?
After decades of growing inequality, our presidential election was a violent revolt against The Elites. So who the hell is actually trying to remedy that inequality frustrating our nation? The elites!
This week, Mark Zuckerberg’s $45 billion philanthropic foundation announced it is bringing on David Plouffe and Ken Mehlman, two of America’s most prominent political operatives. It is worth reflecting on the vast, vast power being wielded by the unaccountable foundations of the rich. Let’s do it!
Economic inequality in America has been rising steadily since the Reagan era. Why? A new research paper identifies what it say is the main culprit: the fact that we’ve stopped taxing the rich.
Kentucky has its first Republican-controlled legislature in nearly a century. Their first priority: wiping out the last vestige of union security in the South.
Many Americans today believe that global free trade is responsible for the wage stagnation and inequality that plagues the middle and lower classes. Is it? Not really.
After the financial crisis and the Occupy era, “inequality” became a mainstream political issue. And the Obama administration made some quantifiable progress. Now? Prepare for the reverse.
This decade has been the one in which the American mainstream finally realized we have a profound economic inequality problem. It is only now becoming clear just how far we are from turning this around.
Even a cursory examination of the facts makes it impossible to reach any conclusion other than that the Republican Party takes inordinate pleasure in making your life worse. Take Virginia Foxx, for example.
Yesterday marked the conclusion of the two-day Summit on Technology and Opportunity, an anti-poverty conference cohosted by the White House, Stanford University, and Mark Zuckerberg’s charity. Something is wrong here.