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Tag Archives: Economic Inequality
Big Fast Food Opposes Seattle’s $15 Minimum Wage
By Ned Resnikoff A federal judge in Seattle heard arguments Tuesday in a lawsuit challenging the city’s $15 minimum wage on constitutional grounds. The International Franchise Association (IFA) — an industry group representing both small franchisees and powerful franchisors such … Continue reading
Trickle-down economics has made America an “indecent society”
By Robert Reich It’s the season to show concern for the less fortunate among us. We should also be concerned about the widening gap between the most fortunate and everyone else. Although it’s still possible to win the lottery your … Continue reading
Income Inequality Is Hurting The Economy, 3 Dozen Economists Say
By Christopher S. Rugaber The growing gap between the richest Americans and everyone else isn’t bad just for individuals. It’s hurting the U.S. economy. So says a majority of more than three dozen economists surveyed last week by The Associated … Continue reading
Posted in News from the Soul Brother
Tagged business, Economic Inequality, economy, income inequality, middle class, poor, rich, United States, wages, wealthy
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Local Government is the Secret Weapon in the Fight Against Economic Inequality
By Joelle Gamble Americans don’t believe in guaranteed equal outcomes, but we do believe in equal opportunity and the ability to achieve a decent livelihood if one works hard. Unfortunately, the United States, despite being the world’s largest economy, is … Continue reading
How Inequality Became as American as Apple Pie
By Jessica Weisberg Last week, five days after Black Friday’s Walmart strike and the day before a nationwide fast-food workers strike, President Obama delivered a speech at the Center for American Progress about economic disparity and low wages. The president … Continue reading
The pope vs. the bishops: Challenges to building a church for the poor
By Vinnie Rotondaro In under a year, Pope Francis has managed to rouse and inspire Catholics across the world with his calls of a “church for the poor.” He has done this without making any changes to church doctrine. Last … Continue reading
The United States of financial insecurity
By Suzy Khimm Five years removed from the financial crisis, most Americans no longer feel they’re drowning in debt. But a new poll shows they still have that sinking feeling when it comes to long-term finances—and they feel Washington is … Continue reading
It’s the Wages, Stupid
By Daniel Gross Welcomed by the left, and sure to be jeered or ignored by the right, it was full of plenty of old-time Democratic economic gospel and present-day center-left thought leadership. But it was a little bit light on … Continue reading
Posted in News from the Soul Brother
Tagged Economic, Economic Inequality, economic mobility, minimum wage, United States, wages
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Wealthiest Americans Take Home Biggest Share Of Income Ever Recorded
By Bryce Covert The top ten percent of earners in the United States took home more than 50 percent of all income in 2012, the highest amount ever recorded since data was first collected in 1917, according to an updated … Continue reading
The High Probability of Being Poor in America
By Matt Bruenig Late last month, the Associated Press ran a report about economic insecurity that managed to gain some traction in certain parts of the political internet, and since then, again and again in certain relevant debates. The statistical … Continue reading
Posted in News from the Soul Brother
Tagged Economic Inequality, poverty, Poverty threshold, United States, Welfare
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