For over half a century, the United States has measured income poverty by comparing a family’s income to a standardized dollar amount (a “poverty line”) that varies by family size. For a family [...]
A new report from the Federal Reserve highlights the bleak economic prospects for young Americans, concluding that millennials are in much worse financial shape than earlier generations (at the [...]
This week Rep. Alexandria Ocasio-Cortez told 60 Minutes that she believes the U.S. should consider taxing incomes above $10 million at a 70 percent rate. Understand what this means, up to $10 [...]
By Lawrence Mishel and Jessica Scheider, Economic Policy Institute. -
This report looks at trends in chief executive officer (CEO) compensation, using two different measures. The first measure includes stock options realized (in addition to salary, bonuses, [...]
By Estelle Sommeiller and Mark Price, Economic Policy Institute -
Income inequality has risen in every state since the 1970s and, in most states, it has grown in the post–Great Recession era. From 2009 to 2015, the incomes of the top 1 percent grew faster than [...]
Back in the 1980s, the decade that saw researchers start detailing America’s increasing concentration of income and wealth, flacks for the emerging Reagan economic order disdainfully dismissed [...]
By Sarah Anderson and Sam Pizzigati, Theguardian.com -
The CEO of Marathon Petroleum, Gary Heminger, took home an astonishing 935 times more pay than his typical employee in 2017. In other words, one of Marathon’s gas station workers would have to [...]
In the Nordic countries, they have relatively few children in the lower class (and even fewer in the extreme lower class). They also have relatively few children in the upper class. But they have [...]
The median net worth for non-immigrant African-American households in the Greater Boston region is $8, according to “The Color of Wealth in Boston,” a 2015 report by the Federal Reserve Bank of [...]
By Matt Bruenig for Peoples Policy Project - This proposal raises an important question that I do not address in the piece: how will the social wealth fund vote its shares? If the social wealth [...]
By Peter Bohmer for Counterpunch. The Universal Basic Income(UBI) is getting increasing attention in the United States, in particular from Silicon Valley, and also in many other countries in the [...]
By Staff of NELP - It has been more than 50 years since the Civil Rights Movement and the passage of Title VII of the Civil Rights Act of 1964, a landmark federal law that prohibits racial [...]
By Margaret Flowers and Kevin Zeese, www.popularresistance.org -
By Margaret Flowers and Kevin Zeese. Last weekend, tens of thousands of people marched in Washington, DC in the combined March for Racial Justice and March for Black Women. Native Americans [...]
By Benjamin Wermund for Politico - Meanwhile, there is no measurement for the economic diversity of the student body, despite political pressure dating back to the Obama administration and a 2016 [...]
By Alicia Freeze for Seven Days. The average Vermonter makes about $50,000 a year. Executive directors of Vermont nonprofits make an average of $83,000, according to the group Common Good [...]
