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A progressive policy research center says that the nation’s largest retailer could easily afford to increase the wages of its employees, if it would choose to avoid “Wall Street financial maneuvers.”
In the media
Christopher Freeburn
In the past week, both a senior editor at Fortune magazine and the liberal think tank Demos have made similar proposals for how Walmart could greatly increase worker wages without harming its business prospects.
In the media
Hamilton Nolan
“Must have good credit.”
In the media
Amy Traub
Image
Black veteran with children
Black veterans weren't able to make use of the housing provisions of the GI Bill because banks generally wouldn't make loans for mortgages in Black neighborhoods, and African-Americans were excluded from the suburbs by a combination of deed covenants and informal racism.
Blog
David Callahan
The events of yesterday nicely summed up American economic life: a tiny sliver of people, mostly tech and finance insiders, got fabulously wealthy from Twitter's IPO while 64 people were arrested protesting the poverty wages paid by the largest U.S. employer, Walmart.
Blog
David Callahan
The third quarter GDP numbers were released this morning, which show a GDP increase of 2.8 percent, an increase from the 2.5 percent reported for the second quarter. Among other factors, increases in personal consumption and state and local government spending helped contribute to the increase in
Blog
J. Mijin Cha
There's a dire need for a new definition of public goods
Blog
June Sekera
Scrooge has come early this year. We’re kicking our Tiny Tims. This holiday season, kids in America’s poorest families are going to have less to eat. November 1 brought $5 billion in new cuts to the nation’s food stamp program, now officially known as the Supplemental Nutrition Assistance Program
In the media
Sam Pizzigati
The cut to the nation’s Supplemental Nutrition Assistance Program going into effect today will take food away from 47.7 million Americans who need it.
Blog
Amy Traub
This mentality is all too pervasive, even though it is repulsive both as a matter of public policy and as a moral value.
Blog
J. Mijin Cha