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Tag Archives: income inequality
Why Martin Luther King’s Dream Is Still Unfulfilled
By Annie-Rose Strasser Rather than simply celebrating the accomplishments of his life on Martin Luther King, Jr. day, this year ThinkProgress wants to take a look back at the unfinished parts of King’s legacy. While the civil rights leader changed … Continue reading
How poverty and food insecurity make people sick
By Aimee Picchi Being poor isn’t a lot of fun. For starters, it’s more likely to make you sick by the end of each month. While government benefits are geared to helping low-income Americans stay healthy by putting food on … Continue reading
America is still a deeply racist country
By Chris Arnade A week after Barack Obama was elected president in 2008, I walked into my old hometown bar in central Florida to hear, “Well if a nigger can be president, then I can have another drink. Give me a … Continue reading
Posted in News from the Soul Brother
Tagged Florida, Hunts Point, income inequality, New York, poverty, race, racial inequality, The Bronx, United States, wall street
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Why Poverty Is A Much Bigger Problem Than The Government Thinks
By John Halpin Much has changed in American society since President Lyndon B. Johnson declared “unconditional war on poverty” in his State of the Union address on January 8, 1964. Women, people of color, the elderly, and people with disabilities … Continue reading
Posted in News from the Soul Brother
Tagged income inequality, Lyndon B. Johnson, poverty, United States, War on Poverty, wealth divide
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Minimum wage fight erupts: Landmark $15/hr. wage sparks legal showdown
By Josh Eidelson Following a county judge’s ruling dramatically narrowing the scope of an airport town’s landmark $15 wage law, labor groups plan to take their case to the Washington state Supreme Court. “The legal issue in front of the … Continue reading
20 Things the Poor Really Do Every Day
By Ben Irwin Dave Ramsey probably wasn’t expecting this much pushback when he shared a piece by Tim Corley contrasting the habits of the rich with those of the poor. In her response on CNN, Rachel Held Evans noted that … Continue reading
The pope takes on economics’ pro-rich bias
By Edward Hadas The leading theories of economics and finance are usually produced for the rich. Pope Francis deserves praise for suggesting an economics for the poor. The typical criteria of economic success – such as efficient pricing, fully competitive … Continue reading
Posted in News from the Soul Brother
Tagged Capital Asset Pricing Model, Catholic, Economic, finance, income inequality, poor, Pope Francis, poverty, wall street, wealth
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Raising The Minimum Wage To $10.10 Would Boost Growth By $22 Billion
By Bryce Covert Raising the minimum wage to $10.10 an hour by 2016 would increases wages by $35 billion, and the resulting increase in consumer spending would mean a GDP boost of $22.1 billion, which would support about 85,000 new … Continue reading
Why High Unemployment Actually Destroys the Fabric of American Life
By Thom Hartmann The Declaration of Independence was the first founding document in the history of the world to specifically mention happiness. As Thomas Jefferson’s famous words read, “We hold these truths to be self-evident, that all men are created … Continue reading
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Income Inequality in 2014
By Lincoln Mitchell By the end of 2013, it appeared that the major domestic political story of the year had been the botched rollout and negative reaction, in some quarters, to the Affordable Care Act (ACA). It is likely, however, … Continue reading →