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Here’s another reason why income inequality is so destructive—it’s ruining our planet and increasing the severity of climate change. A new paper from the Center on Economic and Policy Research looks at a novel way to slow climate change: reduce the hours that we work. For reasons that are not
Blog
J. Mijin Cha
The Pew Charitable Trusts released a nifty interactive report this week that compares the 50 states and the District of Columbia on their administration of elections. Pew gathered information from the Census Bureau, public surveys, and other sources to develop its Elections Performance Index. So far
Blog
Brenden Timpe
President Obama raised eyebrows during his inaugural address last month when he put the fight against long election-day lines in the context of the nation’s movement toward “tolerance and opportunity, human dignity and justice.” Now the New York Times says Congress is preparing for a showdown on the
Blog
Brenden Timpe
Deficit reduction is supposedly a huge priority in Washington, especially among Republicans who apparently skipped economics classes in college and don't understand that reducing spending -- and demand -- is the last thing you want to do in a weak economy. But here's a question: Given all the focus
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David Callahan
"I served in the military for 30 years and received the highest level security clearances," said Brooklyn resident and war veteran Emmett Pinkston. "Yet I was turned down for a job as a TSA baggage screener, because of a bogus charge on my credit report. I found myself stuck at a low paying job."
Blog
Amy Traub
The Department of Justice has brought a civil suit against Standard & Poor’s, the credit rating agency, that centers on the decisions that S&P made concerning models it used to evaluate default risk for mortgage-backed securities prior to the financial crisis. Default risk was central to the credit
Blog
Wallace C. Turbeville
For some Americans, tax refunds are a yearly treat, an opportunity to build savings, or even splurge on a vacation. For others, living paycheck to paycheck amid lingering recession, the refunds become a lifeline, leaving them vulnerable to tax preparation firms who prey on their desperation
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Ilana Novick
Alfred Carpenter, 52, was working for a high-end shoe store in 2007, when the recession put the company out of business. A long-time salesman, Carpenter wasn't worried about getting another job, but then broke an ankle a few months later and ended up in the hospital. With no insurance and a $50,000
In the media
Kathy Kristof
A new report from the non-partisan Congressional Budget Office adds to the mounting evidence that spending cuts have held back America’s economic recovery. According to the CBO’s budget and economic projections for the next decade, released on Tuesday, middling GDP growth over the past year is
In the media
Ned Resnikoff
We should be done by now with the idea that a corporation is a single thing. Corporations contain a multitude of conflicting interests and are much more like miniature governments with their own governance structures and election systems than is commonly recognized. While these structures are far
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