Both the Social Security and Medicare trust funds face exhaustion by 2033 because more of the nation’s total income goes to the rich, and much of their growing share goes untaxed.
income inequality
Posted inBooks
Frappuccino Socialists
A generation of college graduates landed in low-wage jobs. Their frustration is reshaping the labor movement—and dividing the working class.
Posted inEconomy
The Tip Is the Distraction, and the Wage Is the Scandal
The tipped minimum wage has been a paltry $2.13 per hour since 1991. It’s time for a better system like California’s.
Posted inEconomy, Featured
To Fix Regional Inequality, Target the One Percent
Migration isn’t what made some metros quite wealthy and others quite poor.
Posted inPolitical Animal
What Is the Purpose of Raising Taxes on the Wealthy?
Proposals put forward by Democrats recently have raised some foundational questions.
Posted inBooks, Featured
How the Rich Rig Regulations
A new book exposes the pernicious regulations that make the rich richer and the poor poorer—while shrinking the total economic pie.
Posted inCollege Guide, Magazine, September/October 2017
Ivy League Endowments Under Fire
Liberals and conservatives agree that it’s time for ultra-wealthy colleges to start sharing their wealth.
Posted inEconomy
What Washington Doesn’t Understand About Working Families
In today’s economy, the long-standing bonds between work and wealth are wearing thin.
Posted inPolitical Animal
When It Comes to Wages, Trump Leaves the Forgotten Man Out in the Cold
He has no appetite for increasing the minimum wage, even though it would benefit his supporters.
Posted inEconomy, Featured
Why Trumpism Is Here to Stay
Did Trump win because of racism or economic anxiety? Ultimately, it might be a false dichotomy.
