by Isaiah J. Poole | Oct 20, 2014 | Economy
We know how bad income inequality has gotten in the past few years in America, thanks largely to the work of economist Emmanuel Saez and his colleagues at University of California at Berkeley's Center for Equitable Growth. But Saez's latest paper finds that the share...
by Isaiah J. Poole | Oct 16, 2014 | Jobs and Growth
[fve]http://youtu.be/QwNRwWLKLIo[/fve] Several dozen demonstrators went to the offices of the Walton Family Foundation, the charitable giving arm of the family that owns a majority share of Walmart, on Thursday to say that Walmart should treat its workers more...
by Isaiah J. Poole | Oct 10, 2014 | Jobs and Growth
Advocates for workers have declared today "Minimum Wage Day," as the 10th day of the 10th month calls attention to the demand for an increase in the minimum wage to $10.10 an hour, from the current $7.25. House Democratic Leader Nancy Pelosi marked the day by calling...
by Isaiah J. Poole | Oct 8, 2014 | Jobs and Growth
The deficit scolds are getting what they wanted: Today the Congressional Budget Office announced that the federal deficit for this fiscal year is the lowest it has been for any year in the Obama presidency – $486 billion, or 2.8 percent of the nation's gross domestic...
by Isaiah J. Poole | Oct 7, 2014 | Blog, Jobs and Growth
Last week's report that the unemployment rate had fallen below 6 percent for the first time since July 2008 sparked a wave of optimistic talk about the job market regaining its health. Today comes the reality check: The Bureau of Labor Statistics' monthly report on...