Economy
Fast Fortunes: On the Diamond and Beyond
Baseball’s top hitter and Wall Street power suits both ply their trades in a high-speed world. That hitter will make over a quarter-billion in the next decade. The top suits stand to ‘earn’ astonishingly more.
Paul Ryan Can't Line His Numbers Up, And Conservatives Should Worry
Even in a conservative fantasy world, where you can cut, cut, cut to your heart's content, the budget still doesn't balance unless you cheat. You can look at that mathematical reality the Palin way, or the sane way.
More Proof Corporate Tax Cuts Have Done More Harm Than Good
Two reports highlight the damage done by hewing to a central conservative tenet, that “cutting corporate taxes will stimulate job creation and grow the economy.”
Bill Clinton and Steny Hoyer: The "Wall Street Democrats" Fight Back
Recent speeches by former President Bill Clinton and House Minority Whip Steny Hoyer showed that Wall Street continues to hold considerable sway in their party, despite the fact that its austerity agenda has failed.
More Progress, and Peril, on the Home Opportunity Front
Earlier this month, a Senate committee released a discussion draft of legislation to overhaul the nation’s housing finance system. It’s a good time to take a closer look at America’s longer-term progress on home opportunity.
Our Last Flesh-and-Blood Link to Plutocracy 1.0
The recently departed heiress Bunny Mellon – “the last standing true American aristocrat” – didn't promise us a rose garden. She gave us one. We would have been much better off with more equality instead.
Bernie Madoff Sounds a Lot Like These Angry Billionaires
These are particularly rewarding times to be wealthy, what with runaway wealth accumulation at the top and actual tax rates for the rich and corporations near record lows. And yet the complaints keep coming.
5 Reasons to Consider a Basic Income for All Americans
What if you could receive a guaranteed basic yearly income with no strings attached? Sounds like a far-fetched idea, right? Wrong. All over the world, people are talking guaranteeing basic incomes for citizens as a viable policy.
Billionaires...First They Came For The Economy
First the oligarchs came for our economy, and we said nothing. Now, they’ve come for science. Thanks to Republican-backed austerity measures, our nation’s scientific infrastructure has been hit with devastating budget cuts.
Why Won't Congress Even Consider Progress?
President Obama sent Congress a $3.9 trillion dollar budget. Although his 2015 plan has been deemed more politics than policy, it's a blueprint of how to start repairing our economy.