America’s Real Poverty Rate

America’s Real Poverty Rate

The Census Bureau recently released a highly-anticipated report suggesting ways to improve the measurement of poverty in America. It found that adjusting for medical expenses, the value of benefits payments, regional differences in the cost of living, and other...
Luck Matters

Luck Matters

In their unbending opposition to raising a penny more in taxes from even the wealthiest Americans — even in the midst of a government debt crisis and shrinking public budgets — extremist politicians paint all rich people as self-made, entrepreneurial “job...
The Class War is So Over

The Class War is So Over

We’ve fought hard, ‘Gainst foreign foes; It’s our own rich, Who cause our woes. Between 1979 and 2007, the after-tax household income of America’s most affluent 1 percent ballooned by 275 percent, while the bottom 20 percent’s income...