Immobility Nation

Immobility Nation

America 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...
Overthrow Wall Street

Overthrow Wall Street

“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...

Good News and Bad News about GDP Growth

The 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...
Wealthy Tax Cheats

Wealthy Tax Cheats

Tax 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...
Dollar Democracy

Dollar Democracy

Corruption 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....