Every single working day of the year, American women pay a 22.6 percent gender tax on their income. By gender tax, I mean a negative transfer imposed upon women’s wages which reduces the wealth they control and increases the amount of time they work. Feminists know the gender tax as the pay gap (in 2010, the median full-time, year-round woman earned $10,784 less than her male counterpart) as well as Equal Pay Day (to earn his income of $47,715, she had to work until April 17, 2011—an extra 15 weeks on the job).
Last summer, a Western Beef store in the East Tremont section of the South Bronx became the first supermarket in the city to receive funding through the city’s Food Retail Expansion to Support Health (FRESH) program. The FRESH initiative provides financial and zoning incentives to entice supermarket chains to build new stores in neighborhoods that lack access to fresh, wholesome foods.
Last summer, on her final day as the Chairman of the FDIC, Shelia Bair decried the short-termism that has overtaken both Wall Street and Washington, where “[o]ur financial markets remain too focused on quick profits, and our political process is driven by a two-year election cycle and its relentless demands for fundraising.” This short-termism has taken hold of the reins of our larger political system and increasingly characterizes policy initiatives at every level of government.
In the past three decades, college costs have risen significantly faster than inflation and are now at roughly 25 percent of the average household's income. This isn't true just for private schools.
By now it's pretty clear that Mitt Romney's recent claim about female job losses during the Obama presidency has more to do with selective number fudging and electoral pandering than factual accuracy.
States are spending less money on public colleges than they did in the past. According to an article in the Chronicle of Higher Education, adjusted for inflation, state support for public colleges and universities has fallen by about 26 percent per full-time student in the last 20 years.
Adjusted for inflation, state support for each full-time public-college student declined by 26.1 percent from 1990 to 2010, forcing students and their families to shoulder more of the cost of higher education at a time when family incomes were largely stagnant, according to a report released on Monday by the think tank Demos.
Say you’ve got a booming industry, one that already employs 2 million workers in the U.S. and is poised to add 1.3 million additional jobs by 2020. Imagine that the jobs cannot be off-shored, that the work helps decrease federal deficits, and millions of Americans depend on the industry just to get through their daily lives.
While the attention of Connecticut's legislature has been occupied by the recent budget battles, an even larger crisis has been brewing: retirement security.
We are seeing the results of a radical shift in employer-provided retirement benefits. In the past decade, the percentage of private-sector Connecticut workers whose employer offers a retirement plan has fallen from 68 percent in 2001 to 58 percent today, effectively shutting nearly 650,000 workers out of any workplace retirement plan to supplement Social Security.
And while the quantity of benefits was declining, the quality of those benefits was deteriorating as well.
Wisconsin State Court Judge David Flanagan issued a temporary injunction on Tuesday that will prevent Wisconsin’s controversial Voter ID law from going into effect prior to the state’s April 3 presidential primary. After noting in the order that the Wisconsin State Constitution recognizes voting as a guaranteed right, Judge Flanagan called the bill “the single most restrictive voter eligibility law in the United States.”
Some youngsters want to grow up to become artists or athletes or firefighters. Some want to be doctors or dancers. Charles Walker wanted to own a supermarket.
“Ever since I can remember, I wanted my own grocery store,” he said over lunch on a quiet afternoon in snowbound Detroit last year. To Walker, “grocery store” meant a gleaming, well-run supermarket, not necessarily huge but well stocked and scrupulously clean, with fresh meats and produce and first-class customer service.