| Nov 14, 2012 | Economy / BusinessDebt! Deficit! Fiscal cliff! How to make sense of it all? For two years now, there’s been increasing talk and more than a little fear-mongering about the runaway growth of our federal budget deficit. Now something called the “fiscal cliff” is making...
| | Cartoon|Economy / Business
| Nov 7, 2012 | Economy / BusinessMembers of Congress who earned good marks in an Institute for Policy Studies “report card” on inequality fared well on Election Day. We awarded “A+” grades to the 12 House members who did the most to narrow America’s economic divide over...
| | Economy / BusinessAs he waded knee-deep in an Atlantic City street, pummeled by Superstorm Sandy’s winds, CNN’s Chief Business Correspondent Ali Velshi declared that it was too early to tell whether Sandy would be a plus or a minus for the U.S. economy. The authorities are...
| | Economy / BusinessSocial Security is more popular than sliced bread. And it should be. Our Social Security system is the foundation of our families’ security: We work hard and pay into it with every paycheck so each of us can retire with dignity. Social Security is a basic part...
| | Economy / BusinessEconomist Lars Osberg started writing about income distribution in the 1970s, back when few scholars shared his concern. Tracking the distribution of income had turned rather boring. That distribution had been trending more equal ever since the New Deal era and showed...