income inequality


Eric Lotke's picture

Green Shoots. For Whom?

By Eric Lotke
November 5, 2009

Today’s “Productivity and Costs” data from the Bureau of Labor Statistics contain what looks like good news. But keep the cork in the bottles.

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Terrance Heath's picture

The Measure of Our Progress

By Terrance Heath
September 16, 2009

In the previous post, I included a quote from Franklin Roosevelt's Second Inaugural Address.

We are determined to make every American citizen the subject of his country's interest and concern; and we will never regard any faithful law-abiding group within our borders as superfluous. The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.

It was a short quote, only because I couldn't very well quote the entire speech. I wanted to, because so much in it speaks directly to where we stand today, the kind of country we want to be, and the choices that will lead us closer to that goal — or farther from it.

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Gilded Age Taxation

By Robert Borosage, Eric Lotke and Hillary Hampton
Institute for America's Future
April 13th, 2009
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Who pays taxes, and who reaps the benefits of an unfair tax code? Income inequality between 1980 and 2006 has gone up 144 percent between the top one percent of taxpayers and the middle 60 percent, even as top-end tax rates have declined 15 percent for the top one percent during that same period. This is the result of bad policy choices that can be reversed. This report explains how three decades of tax policy have led to Gilded Age inequality and outlines some steps to make the tax code more progressive. more »

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Schwartz Center for Economic Policy Analysis

From newschool.edu
By OurFuture.org Staff
October 31, 2008

The Schwartz Center for Economic Policy Analysis is the economic policy research arm of the New School for Social Research Department of Economics. The activities of the Schwartz Center focus on three issues: economic growth, employment, and inequality. Our focus is on the U.S. economy, but always with an awareness of the global context of U.S. economic developments. more »

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Alex Carter's picture

New U.S. Census Data: Same Reality

By Alex Carter
August 26, 2008

Newly released data by the United States Census Bureau continues to show how much President George W. Bush has ravaged the American economic landscape. more »

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Isaiah J. Poole's picture

Riding the Bush Roller-Coaster

By Isaiah J. Poole
June 4, 2008

Just as amusement parks build roller-coaster rides with ever more dramatic dips and twists, the Bush administration and conservative lawmakers have succeeded in building a roller-coaster economy where family incomes are exposed to sharper drops and turns. It's no fun. more »

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CEO Pay Helped Fuel Subprime Crisis, AFL-CIO Says

From bloomberg.com
April 15th, 2008

bloomberg.com — Pay plans for chief executive officers helped create the subprime-mortgage crisis by encouraging companies to take on too much risk for short-term gains, the AFL-CIO said in an analysis.

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Studies show housing crisis disproportionately affects women

From ajc.com
April 14th, 2008

ajc.com — Women on average were already in a more precarious economic position than men, and they appear to be taking much of the housing crisis hit. Sales and prices are down. Foreclosures have spiked in Georgia and across the nation. No one yet has a breakdown of the damage by gender. But studies show that women accounted for more than their share of the risky loans at the crest of the lending and buying boom.

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Alex Carter's picture

Tax Rates for Middle Class Increases; Tax Rates for Rich Decreases

Submitted by Alex Carter
April 11, 2008

Between 1960 and 2004, the average tax rate fell by nearly 14 percentage points for the top 1% of earners, while it has increased slightly (from 15.9% to 16.1%) for earners in the middle 20%.

Source
John Irons. Corporate tax declines and U.S. inequality. Economic Policy Institute. April 9, 2008.
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Alex Carter's picture

Middle Class Left Behind

Submitted by Alex Carter
March 12, 2008

Voters have specific bad actors in mind. “It’s about big business, not the little guy,” said one member of that Greenberg focus group. 40% of Americans believe big business get whatever they want in Washington; 38% believe leaders have forgotten the middle class; 35% believe America is doing nothing about problems at home. more »

Source
Democracy Corps, “Finding their voice as Agents of change.”
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