Economy and Business
Are We Doomed to Ever More Inequality?
America's ongoing debate over economic inequality may be turning a new page. Starting in the 1980s, during the debate's first chapter, pundits and policymakers battled over whether the United States was in fact becoming more unequal. This initial debate is over now....
The Minimum We Can Do to Fight Inequality
The political profile of economic inequality in America has certainly been growing. So has the political confusion over what overcoming inequality will take. Unfortunately, President Barack Obama’s latest State of the Union address may only add to that confusion....
Three Boos for Cheerleader Abuse
Let's turn now to the wide, wide and cruel world of sports. The big story at this time of year, of course, is the Super Bowl — that multi-multi-million-dollar showcase of super-paid superstars, billionaire owners, taxpayer-financed sports palaces, extravagant...
Getting Trade Right Instead of Fast
Many hundreds of thousands of Americans saw their good working-class jobs disappear once NAFTA took effect. And millions of Mexicans lost their ability to live off the land after cheap factory farmed corn from the United States displaced their crops in local markets....
The State of Our Union’s Inequality
There's no doubt that President Barack Obama will make inequality a major theme of his State of the Union address, just as Franklin Delano Roosevelt did in 1935. "We have not weeded out the overprivileged and we have not effectively lifted up the underprivileged," FDR...
Fast-Tracking Misery
When it comes to trade policy, President Barack Obama is mimicking the same policies he criticized when he served in the Senate. As a presidential candidate, Obama promised to renegotiate the North American Free Trade Agreement (NAFTA), recognizing the enormous loss...
From Canada, a New Gold Standard
The 32,400 employees at Goldman Sachs averaged $383,374 each last year, the Wall Street banking giant has just disclosed. Typical employees at Goldman, of course, didn't take home anything near that $383,374. Bank clerks nationally only average $24,100 a year. In...
Obama’s Taxing Problem
Does getting tipsy make it easier for you to bear President Barack Obama 's State of the Union addresses? Try taking a sip of beer, wine, or a mixed drink every time he says the words "tax" or "taxpayer" this time around. It's not as extreme as doing it when Obama...
Omnibushed
At 8 p.m. on Monday January 13, there was no $1.1 trillion spending bill for fiscal year 2014. At least not one that the public or the vast majority of lawmakers had seen. Less than 70 hours later, large majorities in the House and Senate (332 to 94, and 72 to 26,...
Dr. King’s Nightmare
As we commemorate Martin Luther King Jr.’s 85th birthday, we’ve all come to know his dream. Above all else, he dreamed that one day this nation would rise up and live out the true meaning of its creed: “We hold these truths to be self-evident, that all men are created...
