Economy and Business
Turning Our Backs
With the winter winds of January came a flurry of reports that several states were moving to cut thousands of people from their Supplemental Nutritional Assistance Program (SNAP, or “food stamp") rolls. In New Jersey, for example, Governor Chris Christie pulled the...
Zuckerberg’s Get-Away Car
Let us now praise “Lord Zuckerberg, The Magnificent!” Mark Zuckerberg, the wunderkind of Silicon Valley who co-founded Facebook and amassed roughly a gabillion dollars in personal wealth, is now being hailed as a new giant of American altruism. This started after the...
Digging Up a Mountain of Debt
For the first time in more than 30 years, the federal government has decided to hold off on authorizing new leases for coal mining on federal land. It will undertake a review to see whether taxpayers are getting a fair deal while assessing the program’s environmental...
Buddy, Can You Spare a Dime for a CEO?
Wall Street buccaneer Carl Icahn has pocketed billions for his himself over the years. But now he says he's passionate about helping others. In particular, the corporate-takeover specialist is pushing a charitable cause for people who, through no fault of their own,...
Winning the Fight for $15 in 2016
Millions of low-paid Americans rang in 2016 with a raise, as a handful of state minimum wage increases went into effect on the first day of January. Many of those raises are a barely noticeable 15 or 20 cents an hour — little comfort to people struggling to make ends...
When College Athletes Do the Corporate Hustle
For thrilling sports action on television, it's hard to top the sheer excitement of bowling, isn't it? No, not that game with 10 pins. I’m talking about the passion and pageantry of college football's bowl season. America's elite, powerhouse teams are rewarded for...
The GOP’s Pro-Corporate Prescription
The conventional wisdom in Washington is that tax breaks for corporations lead to economic growth. Tax assistance for working families, on the other hand, may help them make ends meet, but it doesn’t have much impact on the economy. The conventional wisdom has it...
Broadband Rates Are Too Damn High
As the digital revolution hurtles ahead, low-income communities across the United States aren’t reaping many of its benefits. The less you make, the less likely it is that you’re hooked up at home. This is especially true if you lack a high school diploma. And the...
For-Profit Colleges Are Scandal Machines
The nation's for-profit, private college industry is a study in horror. Start with the fact that it actually calls itself an "industry." Excuse me, but education is a social investment — not an industrial product. Next, this so-called "private" industry depends almost...