by Sam Pizzigati | Jul 16, 2019 | Blog, Economy, Featured, Inequality, Jobs and Growth
Have we hit peak decadence in the United States? Probably not. But we’re getting awfully close. The latest evidence just may be the “super-penthouse.” What exactly counts as a super-penthouse? Luxury analysts at List Sotheby’s International Realty have taken on the...
by Sam Pizzigati | Jun 18, 2019 | Blog, Economy, Featured, Financial Reform, Inequality
We have a great deal of statistical data, in America today, about the economic circumstances of Americans who live in poverty. We know far less, by contrast, about Americans who live amid great wealth. And much of what we do know, suggests a revealing new study, turns...
by Sam Pizzigati | Jun 10, 2019 | Archive, Blog, Featured, Housing, Inequality
In our daily lives, as anyone who keeps a household budget can attest, the unexpected happens all the time. A refrigerator motor fails. Some part on your car you never realized existed breaks down. A loved one passes away and you have to — you want to — be at the...
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...