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The Only Ones Who Recovered from the Recession are the Top 1%
There is another round of bad news for most Americans. A study shows the top 1% of America's rich captured 121% of the income gains for the two years after the 2007-2009 recession was declared over....
View ArticleFriday Movie Night - Women Who Make America
Tonight's Friday Featured Documentary is the three hour PBS documentary Women Who Make America. The film goes trhough the history of the woman's movement of the 1960's. Recently we wrote about...
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The Great American Wealth Transfer to the Super Rich
The rich get richer and the rest of us get the economic shaft. That is the theme of this so called economic recovery since 2009. A new Pew Research report, A Rise in Wealth for the Wealthy; Declines...
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America's Growing Income Inequality Problem
Did you know the United States has the worst income inequality of any industrialized nation? So says the OECD in this study. Globally, income inequality has increased more from 2007 to 2010 than...
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Nearly 40% of the Top Paid CEOs Bombed at Their Jobs
The Institute for Policy Studies has released a no holds barred report on CEO pay, culture. Even the study title screams outrage, Executive Excess 2013: Bailed Out, Booted, and Busted. Every year...
View ArticleFriday Movie Night - Income Inequality
The story which should be front page news but is not is income inequality. U.C. Berkeley professor, Emmaneul Saez studies income inequality and has recently updated his research with 2012 figures and...
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Income and Poverty Report Paints a Not So Pretty Picture
Did you know 15% of America lives in poverty and that income for households after adjusting for inflation has declined by 8.3% since 2007? That America is making 9% less in real dollars than in 1999?...
View ArticleWage Statistics Show The Rich Get Richer Again in 2012
The rich get richer and income inequality in America continues with no end in sight. The latest evidence is from the social security administration The gap between rich and the rest of us continues...
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Worker Wage Inequality Myth Exposed
In America today there is a crisis. That crisis is economic inequality. The U.S. workforce has been blamed and dismissed for the growing gap between rich and poor. Much effort has gone into blaming...
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Inequality: From 1776 to the Present
From Adam Smith, to John Maynard Keynes, to Milton Friedman, to Robert Reich and Paul Krugman.
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American Exceptionalism is Dead
Having the mightiest military, more powerful than the world has ever seen, doesn't make America exceptional. An ever expanding middle-class, equal opportunity for all, fairness in the political process...
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The Ugly Face of Shareholder Value Exposed By Inversions
Something strange is happening to familiar American companies: Burger King has become Canadian, Pfizer seems to be trying to be British, and Walgreens has backed away from becoming Swiss only because...
View ArticleGraphing American Wage Statistics Is Not a Pretty Picture
The rich get richer and income inequality in America continues to grow in 2013. The wage situation improved from 2012, but it's still pretty bad. The median wage was $28,031.02 in 2013 a paltry 1.9%...
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Newest Oxfam Report: The richest make $500,000-per-minute
Just before the annual gathering of the global elites last January (at the Swiss mountain resort of Davos), the anti-poverty charity Oxfam released an eye-opening report that showed the world’s 85...
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Corporations: Our Natural Predators
From Paul Krugman (January 1, 2015) from his post Twin Peaks Planet:
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