Banks are taking advantage of Americans desperately trying to juggle their finances, and that squeezing is really paying off — at the top.
Veteran labor journalist and Institute for Policy Studies associate fellow Sam Pizzigati edits Too Much, a newsletter on excess and inequality. He also writes columns for OtherWords, the Institute’s national non-profit editorial service. His latest book is The Rich Don’t Always Win. Pizzigati lives in Kensington, Maryland.
The federal government can now spot a bug in space — so why can't they spot rich tax cheats here on the ground?
The richest Americans now live 10-15 years longer than the poorest.
Economists agree: Sustainable development and reducing inequality matter more than economic growth.
By 2017, U.S. corporations will have to start disclosing the ratio between what their CEOs and typical workers take home.
Ultra-wealthy financiers have hoarded far more cash than they can responsibly invest.