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If it were up to you, how would you split up income between the top 10% and the other 90%? How should a country's wealth be distributed, and why? And, if more Americans truly understood the impacts and extent of income inequality, would they be moved to do anything about it? 

Senator Daniel Patrick Moynihan famously warned in 1996 that welfare reform was a huge gamble and that the result could be extraordinary human suffering. 

Those predictions came to seem extreme as the years passed. The boom of the late 1990s and then the credit fueled prosperity of the Bush years ensured a steady supply of low-wage jobs and, for a long time, it seemed that TANF was not the disaster many predicted.

A weekly summary of the top credit card stories that appeared in major publications across the country.

Can a Bad Credit Report Hurt Your Job Search?

"The Fisher case invites us all to acknowledge the role public policy has played in widening racial disparities in college access over the past generation, and to press the need for robust policies, from diversity considerations in admissions to debt-free college, to ensure that higher education remains a fair pathway to a diverse middle class in America."

When employers check credit as part of their hiring it creates a vicious cycle: out-of-work Americans can’t pay down their debts because they don’t have a job, but they can’t get a job because would-be employers hold their consumer credit history against them.  

Today the Supreme Court put another nail in the coffin of the withering body of consumer rights. In the Italian Colors case, the Court held that a plaintiff cannot bring a class action to a court or arbitration when it has agreed to a boilerplate contract waiving its right to litigation or class arbitration, even where the cost of bringing the case as an individual is so prohibitive as to preclude the vindication of important statutory rights. 

Can some types of debt cause the blues? Why are people approaching retirement age carrying credit card debt? This column shares results from recent research about credit card debt among older Americans. [...]