The Cato Institute, a libertarian think tank, is pushing the idea that being poor and living on government benefits in America is actually living high on the hog.
When Walmart broke the bad news to shareholders last week about declining same-store sales and cuts to their profit and sales projections, the company offered a glib explanation. "The retail environment was challenging," asserted Walmart Stores President and CEO Michael Duke. Company executives
Here's something alarming to imagine: One day, your investment advisor at Merrill Lynch doesn't show up to his job. No warning, no nothing. He just doesn't show.
It’s high drama and riveting politics these days as Wal-Mart Stores Inc., the nation’s most thoroughly red-state retailer, charges deep into blue-state territory in its efforts to expand beyond its comfortably established realm in rural America and suburbia by moving into the often hostile territory
The case for raising the pay of low-wage workers usually focuses on the here and now: The biggest low road employers have plenty of profits to spare and sharing them more equitably with their workers would do a load of good, including for the economy as a whole by stimulating more spending and
“Whatever executive authority I have to help the middle class, I’ll use it,” announced President Obama in last month’s landmark economic address in Galesburg Illinois. Now consensus seems to be building around one thing President Obama can indeed use his executive powers to do to boost hundreds of
We hear a lot that college "isn't for everybody," but this phrase is typically applied to working class kids—with the suggestion that we should expand opportunities to get vocational training that leads to solid blue-collar jobs. Of course, though, there are young people across the class spectrum
On Monday, Ezra Klein argued that “conventional wisdom on Washington is that corporations win every fight and everyone else — particularly the poor — get shafted" is, wait for it, "wrong, or at least incomplete."
In 1965, in a nation torn by racial strife, President Johnson signed an executive order mandating nondiscrimination in employment by government contractors. Now, as President Obama has observed, the nation is divided by a different threat: widening income inequality.
