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President Obama has spent a lot of time in Asia talking about the Trans-Pacific Partnership, the big trade deal that negotiators have been working on for a few years. But all that energy is probably for naught, at least for the time being, since the TPP isn't going anywhere in Congress anytime soon
Blog
David Callahan
No less a capitalist than Henry Ford believed in paying his workforce enough so that the men who built his cars could buy his cars too. At McDonald’s, employees are encouraged to apply for food stamps if they aren’t making enough to eat.
In the media
Willy Blackmore
If you want a glimpse of super-sized pay inequality, look no further than America’s fast-food industry. Nowhere is company-level pay disparity more apparent than in fast food, where CEOs reportedly take home $1,000 for every $1 earned by their typical employee.
In the media
Krystal Steinmetz
Domino’s Pizza boss J Patrick Doyle is getting too large a slice of the pie, shareholders will tell the company’s board at the fast food chain’s annual meeting on Tuesday. The two largest shareholder advisory groups, ISS and Glass Lewis; CalSTRS, California’s $183bn teachers’ pension fund; and
In the media
Dominic Rushe
It’s the end of April—and probably safe to say the Kwasi Enin thing is played out. I’m going to be “that guy” who annoyingly resurrects a topic long after everyone else in the convo has buried it. While Kwasi’s specific headline may have had a one-week expiration date, the American media
Blog
Jamal Mtshali
The American economy overall is ferociously unequal, but some sectors are more unequal than others. A new study from the left-leaning think tank Demos looked at CEO-to-worker compensation ratios across the labor force in an attempt to determine where inequality is most concentrated. The answer
In the media
Ned Resnikoff
Here's what has been so great about having wealth over the past two decades: not only has it been easy to make lots of money from investing that wealth, but taxes have hovered near a historic low on capital gains and stock dividends. So those with assets to deploy have been getting a twofer: High
Blog
David Callahan
In 2013, student debt surpassed $1.2 trillion,1 highlighting a disturbing new reality: for an increasing share of students, higher education comes at the cost of long term debt. In 1989, 41 percent of graduating college seniors left school with student loan debt, which averaged $26,600. By 2012, two
Policy Briefs
States have disinvested in public higher education and students have been stuck paying the tag.
Blog
Mark Huelsman
It's no secret that American consumers are fed up with the quality of service they get from any number of retail and restaurant establishments. Going to a fast food joint is especially unpleasant, as Demos documents in its new report, Fast Food Failure.
Blog
David Callahan