Tag Archives: economy

Fewer Americans Think They’re Middle Class

By Gillian B. White If you had to place yourself in a socioeconomic class, where would you land? That’s a tricky and personal question for most Americans. Education, income, and even parental wealth can all factor into class status, but … Continue reading

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The $653,000 Solution

By The SoulBrother What would do $653,061? Be debt-free? Buy a house? Buy Momma and Daddy a house? No. They are getting their own $653,061 check. Set up a college fund for your children? Take a moment to think of … Continue reading

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I secretly lived in my office for 500 days

By Terry K. I was asleep when I heard the door rattle against the frame. My eyes flashed open and I sprung upright in my under-desk sleep space. Was it all over? Had someone come to work early? I peered … Continue reading

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This Tiny Town Near St. Louis Is Making Minor-Crime Arrests At 100 Times The National Average

By Ryan J. Reilly & Mariah Stewart A study of policing in the St. Louis area released Monday, which criticized the profit-driven practices of many departments in St. Louis County, revealed a startling statistic about arrests for minor crimes made … Continue reading

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Here’s How The Nation’s Two Largest States Plan To Crack Down On Predatory Lending

By Alan Pyke View image | gettyimages.com Predatory lenders thrive in Texas, where regulations are scarce on stores that offer payday advance loans and allow borrowers to put their cars up as collateral for high-cost, short-term credit. But a trio … Continue reading

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Job Sprawl Hurts Minorities and Poor in Suburbia

By Haya El-Nasser Aida “Didi” Nuñez used to have a car and a job she could drive to. Then she lost her job at a community center when funding dried up. And then she had an accident and lost her … Continue reading

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Americans are utterly powerless

By Robert Reich A security guard recently told me he didn’t know how much he’d be earning from week to week because his firm kept changing his schedule and his pay. “They just don’t care,” he said. A traveler I … Continue reading

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How Slavery Gave Capitalism Its Start

By Eric Herschthal Capitalism in the U.S. owes much of its start to slavery, which in turn owed much of its success to government handouts. Perhaps the most durable myth about slavery is that it was utterly incompatible with capitalism. Well … Continue reading

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A Foreclosure Conveyor Belt The Continuing Depopulation of Detroit

By Laura Gottesdiener Unlike so many industrial innovations, the revolving door was not developed in Detroit. It took its first spin in Philadelphia in 1888, the brainchild of Theophilus Van Kannel, the soon-to-be founder of the Van Kannel Revolving Door … Continue reading

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The True Cost of Gun Violence in America

By Mark Follman, Julia Lurie, Jaeah Lee, James West, based on research by Ted Miller It was a mild, crystal clear desert evening on November 15, 2004, when Jennifer Longdon and her fiance, David Rueckert, closed up his martial-arts studio … Continue reading

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