A Typhoon Tax

A Typhoon Tax

Americans are generous by nature. About half of U.S. families contributed to earthquake relief in Haiti in 2010, and millions of us have already supported typhoon aid for the Philippines. But there’s a golden opportunity for our country to do much more. We can help...
Upgrading Our Clunker Economy

Upgrading Our Clunker Economy

Pondering America’s economic system is a bit like going to the mechanic with your old heap and being told there’s nothing more he can do. It’s time for a new economy, but we’re going to keep our clunker economy that persists only because so...
The Swiss Take Aim at Executive Excess

The Swiss Take Aim at Executive Excess

Something astounding is happening in Switzerland. For the first time ever, citizens in a modern nation are voting on whether to create what essentially amounts to a “maximum wage.” On November 24, the Swiss will vote on a ballot initiative that bans any...
CEOs Against Grandmas

CEOs Against Grandmas

David Cote, the CEO of Honeywell, has more than $134 million in his personal retirement fund. If I were sitting on a nest egg that big, I might feel a bit sheepish about telling ordinary grandmas and grandpas to take a cut in their Social Security payments. But Cote —...
This Week in OtherWords: November 13, 2013

This Week in OtherWords: November 13, 2013

This week in OtherWords, Peter Hart debunks the myth of a “grand bargain” that requires Social Security benefit cuts, Jim Hightower points out that taxpayers shouldn’t help JPMorgan Chase cover the cost of its $13 billion in fines, and Jill...