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Does extreme inequality make us anxious and depressed? Does it make us narcissistic and egotistical? Yes, yes, yes, and yes. 

Or at least that's the suggestion of a bunch of new research studies that look at how people cope psychologically with high levels of economic and social stratification. That research is summarized in a fascinating piece on the New York Times website entitled "How Inequality Hollows Out the Soul."

In response to a declining voter turnout rate, California recently implemented big reforms to help boost the turnout rate: online registration, same day registration (SDR), and relaxing the vote by mail deadline. A recent report by the Public Policy Institute of California analyzed the impact of the changes and claims that while online registration and the relaxed vote by mail deadline were worthwhile reforms, SDR might not be.

Extreme market forces are corrupting us as individuals – morally and ethically.

Pennsylvania has been trying for almost two years now to download a voter ID law Republican legislators passed into something workable on the ground. They’ve failed at every turn because grassroots organizers have consistently exposed the burdens the law imposes on voters, which courts have taken seriously, and because the state has yet to find a way to administer the law without disenfranchisement being a certified outcome.

Republicans didn't just respond to the State of the Union, they responded four times. The problem is that a lot of their talking points don't stack up with reality. 

1) Taxes Are Too High on The Rich

In fact, taxes have become less progressive since 1960:

Will Wilkinson is tired of arguing about inequality. He writes,

The “Procurement Act" allows President Obama to pass an executive order to raise the pay for federal contract workers.

Details are sketchy about the new retirement plan that President Obama proposed in the State of the Union Address last night, so it's too early to offer any verdict. What causes concern, though, is that the Obama administration has previously floated retirement schemes that would double down on America's failed experiment with individual private accounts that are the cornerstone of the 401(k).

In his State of the Union Address, President Obama announced a “Good Jobs” Executive Order requiring government contractors to raise the minimum wage for their lowest-paid workers to $10.10 fo

A compelling vision of free, high-quality preschool for every child in New York City helped to propel Bill de Blasio into the mayor’s office.

At Fox News, President Obama's push to increase the federal minimum wage for millions of American workers through legislative and executive action is merely a "symbolic" gesture.

President Obama took the podium for last night’s State of the Union Address at a time when mood of the country is sour—toward the president and toward the economy. [...]

Of course, actions speak louder than words. In the speech, Obama announced he will sign an executive order that will force federal contractors to pay employees a minimum wage of $10.10 per hour.

President Barack Obama vowed on Tuesday to bypass a divided Congress and take action on his own to bolster America's middle class in a State of the Union address that he used to try to breathe new life into his second term after a troubled year.

Standing in the House of Representatives chamber before lawmakers, Supreme Court justices and VIP guests, Obama declared his independence from Congress by unveiling a series of executive orders and decisions - moves likely to inflame already tense relations between the Democratic president and Republicans. [...]

A move by President Obama to raise the minimum wage for federal contract workers to $10.10 an hour is partly an act of symbolism and political tactics, but it promises to have a practical impact on the lives of as many as half a million US workers. [...]

When it comes to boosting economic opportunity, President Obama isn’t going to wait for Congress anymore.  

In his State of the Union Address last night, the President made a powerful statement about employers’ obligation to reward work -- starting with his own obligation as the executive in charge of millions of federal contracts. 

Democratic lawmakers on Wednesday applauded low-wage federal contract workers, saying their months of protest had paved the way for President Barack Obama’s upcoming executive order to raise the minimum wage for new contractors.

As long as there have been markets, people have been driven by greed to make irrational investment decisions. When enough people get in on the action, valuations -- the prices of securities -- go haywire, soaring to obscene heights and then crashing in a shower of crushed dreams.

Chasing performance, taking on excessive risk and selling at inopportune times are all as old as capital markets themselves. What is new is the modern regulatory environment and financial innovations such as high-frequency trading. Is today's stock market the same beast it was 20 or 30 years ago? [...]

Imagine that it is late July 1966, and President Johnson's signature domestic initiative, Medicare, has been fully up and running for just a few weeks. But a think tank is so sure that it's a failure that it publishes a study saying that by "imposing a bureaucratic, centralized, top-down approach to health care reform, Medicare has created far more problems than it solved." 

Sometimes in America, when low-paid workers stand up and speak out, even the President of the United States takes notice. This is one of those moments.

A spectre haunts us, the spectre of robots. The Economist writes, “it seems likely that this wave of technological disruption to the job market has only just started. From driverless cars to clever household gadgets, innovations that already exist could destroy swathes of jobs that have hitherto been untouched.”