The Retirement Deficit

The Retirement Deficit

Deck the halls, this holiday season, with scenes of hunger. Struggling families all across America now have less food on their tables. Budget cuts that kicked into effect November 1 have lowered the nation’s average federal food stamp benefit to less than $1.40...
Tiny Tim Time at Walmart

Tiny Tim Time at Walmart

Who says Walmart isn’t big-hearted? Just look at the chain’s outlet in Canton, Ohio, where management set up bins for food donations, asking people to give generously to the poor who otherwise would not have a Thanksgiving dinner. But the bins...
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...
Taking Stock of the Most Affluent Among Us

Taking Stock of the Most Affluent Among Us

How unequal have workplaces in the United States become? Our best answer happens to come from a source you might not expect: the Social Security Administration. Social Security statisticians each year tally up how much compensation gets reported on W-2s, the forms...