| Feb 2, 2012 | Economy / BusinessKaren Dolan, an IPS expert on poverty and the nation’s frayed safety net, has published an op-ed on CNN’s website in response to GOP presidential hopeful’s latest “oops” moment: “I’m not concerned about the very poor.”...
| Jan 30, 2012 | Economy / BusinessAmerica is becoming “a country where a shrinking number of people do really well, while a growing number of Americans barely get by,” President Barack Obama declared during his State of the Union address. The numbers back him up. Executive compensation and...
| | Economy / Business“Change the system,” Marchers shout; What they mean is, “Throw it out.” One reason the media can’t quite grasp what the Occupy movement wants is that it’s not really anxious to find out. Since it’s awkward to report on...
| Jan 27, 2012 | Economy / BusinessThe U.S. economy grew at an annualized rate of 2.8 percent in the fourth quarter of 2011, the Bureau of Economic Analysis reported. With Europe in crisis and the world teetering on the brink of a new global recession, that quarterly growth figure is a welcome ray of...
| Jan 23, 2012 | Economy / BusinessTax systems that heavily tax the rich are asking for trouble — or so the politicians who cater to the 1 percent incessantly argue. The higher the tax rate on high incomes, their argument goes, the greater the incentive the rich have to waste time and energy figuring...
| | Economy / BusinessCorruption is as American as apple pie. “The quality of government is seriously compromised when decisions made by elected politicians benefit those who funded their ascent to power,” says the anti-corruption watch-dog group Transparency International....