There is broad public agreement that economic inequality has grown over the past decade. But as President Obama prepares for Tuesday’s State of the Union, where he is expected to unveil proposals for dealing with inequality and poverty, there are wide partisan differences over how much the government should – […] Read more »
The end of the investor class
Political theories originally heralded as “the new new thing” often disappear without notice. So it was with the “investor class,” once a bedrock of GOP thinking. As more Americans became investors, and therefore business “owners,” the theory argued, they would become more Republican, ushering in an era of GOP dominance. […] Read more »
67% Dissatisfied With Income, Wealth Distribution
Two out of three Americans are dissatisfied with the way income and wealth are currently distributed in the U.S. This includes three-fourths of Democrats and 54% of Republicans. CONT. Rebecca Riffkin, Gallup Read more »
The Parties Have Already Devised Their Midterm Messages
The gavel has been struck on what has been widely judged to be the least productive session of Congress in history, and now a new one with few, if any, expectations of improvement has commenced. It used to be that this first week of a session was filled with expectations—some […] Read more »
Rising riches: 1 in 5 in U.S. reaches affluence
… Made up largely of older professionals, working married couples and more educated singles, the new rich are those with household income of $250,000 or more at some point during their working lives. That puts them, if sometimes temporarily, in the top 2 percent of earners. … In a country […] Read more »
Plutocrats vs. Populists
… Plutocratic politics have much to recommend them. They are pure, smart and focused. But at a time when society as a whole is riven by an ever widening economic chasm, policy delivered from on high can get you only so far. Voters on both the right and the left […] Read more »