income inequality

Stagnant Wages, New York Times, and Unions The 1/10/18 NYTimes article, Where Did Your Pay Raise Go? It May Have Become a Bonus by Patricia Cohen takes note of the long term trend of corporations awarding employees bonuses instead of pay raises. Here is the story in one chart: The --->> read more -->>

Inequality in the World – findings Inequality in wealth and income is not a new phenomenon. Nevertheless, recent decades in the US, and as this new report World Inequality Report 2018 shows, the world has seen a real explosion in inequality. As shown in the charts below the US is --->> read more -->>

Trump – Republican Positions and Crimes (some just attempted) against the poor, working and middle class Not to be obsessive, but the current Trump Republicans effort to cram their bill to pay back their corporate and rich supporters with giant tax breaks has me frothing a bit. I wrote down --->> read more -->>

Affirmative Action For Whites – began in the 1930s As noted here in “Creating Segregated America in the 20th Century – government in action” segregated America didn’t happen by chance nor by choice of the victims. Consistent white supremacist government action supported by private institutions created the segregation that persists --->> read more -->>

Edited 5/9/2017 (Originally published as “Obama and the Future of the Democratic Party”) President Obama achieved some remarkable things during his eight years. Action on income and wealth inequality were not among them. He surrounded himself, especially on the economic front, with people who had direct connections to Wall St. --->> read more -->>

Progressives have to declare class war as a central strategy. Otherwise we will all be sitting at the dinner table basking in our glorious diversity with nothing to eat. For many good reasons identity and diversity have dominated our politics for decades.  Progressives celebrate its expansion and Republicans and their --->> read more -->>

This 2013 article “How Much Money Would It Take to Eliminate Poverty” (http://prospect.org/article/how-much-money-would-it-take-eliminate-poverty-america) addresses this question. The answer then was $175 billion. This is a ridiculously small number in the context of a $16 trillion GDP. As someone who is on the homeowners gravy train I was stuck by this part --->> read more -->>

It is fairly widely known that income and wealth inequality in the US is as high or higher than at any time except perhaps the Robber Baron period at the end of the 19th century. Lots of articles and books explain how this has come about over the last 30 --->> read more -->>

I came on a set of graphics in Mother Jones, “It’s the Inequality, Stupid: Eleven charts that explain what’s wrong with America” that illustrate what you probably already know. But, a simple refresher course in some of the reasons why the rich are rich. The 99% already have this base covered. Here are some of the --->> read more -->>

Since my entry this morning I have been thinking more about the Presidency and Bush. My knowledge of 19th century Presidents is a bit spotty. Certainly the names Buchanan, Pierce, Johnson and Grant pop to mind as less than top of the heap. But, for the modern era, post WW2, --->> read more -->>