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Here's a question for every reader of this post who lives in a major metro area and has at least a college degree: How many people do you know who make under $40,000 a year? Exclude that artist friend who's husband is in finance. And eliminate younger people still paying their dues. I'm talking
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David Callahan
The third quarter GDP numbers were released this morning, which show a GDP increase of 2.8 percent, an increase from the 2.5 percent reported for the second quarter. Among other factors, increases in personal consumption and state and local government spending helped contribute to the increase in
Blog
J. Mijin Cha
Who could have imagined, say ten years ago, that gay rights would one day be an issue that progressives could embrace to their political advantage, dividing the conservative world? For decades, of course, hot button social issues were used in the exact opposite way: to divide the Democratic
Blog
David Callahan
The story of this past election, and really the past several elections, is one of how much money floods our electoral system. The 2012, post- Citizen’s United election was the most expensive election in history and even though 2013 was an off-year election cycle, there was no shortage of spending.
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J. Mijin Cha
There's a dire need for a new definition of public goods
Blog
June Sekera
Conventional wisdom holds that big city mayors don't have much real power. They wield scant influence over national and global forces that deeply impact America's urban economies—from fiscal and monetary policy to trade and currency policy, and regulation of financial and labor markets. Their powers
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David Callahan
Public investment is crucial to future growth. The economic boom in the 50s and 60s relied on government investments in education (G.I. Bill), infrastructure (National Highway System) and science (NASA).
Blog
Sean McElwee
Wallace Turbeville on his time at Goldman Sachs, working with the city of Detroit, and the reality of the crisis that brought about TARP.
In the media
One New York Times article serves as a perfect exposé on the profoundly undemocratic power of wealthy donors have.
Blog
Adam Lioz
With gridlock and discord halting the right’s agenda in Congress, corporations have taken the war on labor to the states. The Economic Policy Institute recently released a new report, “The Legislative Attack on American Wages and Labor Standards, 2011-2012,” authored by Gordon Lafer. The report
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Sean McElwee