by Sarah Anderson | May 14, 2019 | #PeoplesWave, Blog, Economy, Featured
Recent economic reports have President Donald Trump crowing. The big headline numbers do sound encouraging. The unemployment rate is down to 3.6%, the lowest since 1969. Average earnings are finally outpacing inflation, the stock market has been hitting record highs,...
by Jessicah Pierre | May 6, 2019 | Blog, Economy, Featured, Financial Reform, Inequality
The gap between America’s ultra-wealthy and the rest of us is growing dramatically as wealth continues to concentrate at the top at the expense of the rest of us. One major symptom of this economic rift is the racial wealth divide, which is greater today than it was...
by Leo Gerard | Apr 24, 2019 | Blog, Economy, Featured, Inequality, Tax Reform
Yeah, yeah, yeah, Bernie Sanders, castigator of the one percent, is a millionaire now. So are Kamala Harris and Elizabeth Warren. Big whoop. There’s a crucial difference between these candidates seeking the Democratic presidential nomination and the super wealthy –...
by Amy Traub | Apr 19, 2019 | Blog, Economy, Featured, Inequality
For many Americans, the words “bad credit” are like the sound of a closing door. That’s because there’s a deeply harmful, but seldom-spoken, truth about credit reporting: It ruins lives, and crushes hopes. When private companies gather data on our borrowing history...
by Sam Pizzigati | Apr 17, 2019 | Blog, Economy, Inequality
Serious societal change typically only takes place when the pressure for change hits “critical mass.” At one level, we’ve had critical mass for years now on seriously taxing America’s rich. Polls regularly show broad public support for having our wealthiest pay quite...
by Sam Pizzigati | Apr 3, 2019 | Blog, Economy, Inequality
People who are trying to do good — with a Green New Deal, for instance, or Medicare for All — regularly find themselves confronting a simple and sometimes sneering gotcha question: So where’s the money coming from? How about we start putting this same simple question...