4 Articles

Thursday, July 24, 2008
Minimum wage raise too little, too late
(10 comments) The minimum wage raise is so little, so late that workers will still make less than they did in 1997, adjusting for the increased cost of living, and way less than the nearly $10 value of the 1968 minimum wage. Minimum wage raises are stimulus for an economy tanking from a housing bubble gone bust, sharply higher oil prices, extreme inequality, unsustainable debt, and fraud and speculation crowding out productive investment.

Tuesday, April 15, 2008
Tax Day Gifts for the Rich
(7 comments) When it comes to cutting taxes for the wealthy, President Bush can truly say, "Mission accomplished." The richest 1 percent of Americans received about $491 billion in tax breaks between 2001 and 2008. That's nearly the same amount as U.S. debt held by China -- $493 billion -- in the form of Treasury securities. Do you want our government to mortgage more of our nation's future to finance tax breaks for the rich?

Monday, October 22, 2007
Billionaires Up, America Down
(1 comments) When it comes to producing billionaires, America is doing great. But the 25th anniversary of the Forbes 400 megarich isn't party time for America. We have a record 482 billionaires -- and record foreclosures. Inequality has roared back to 1920s levels. It was bad for our nation then. It's bad for our nation now.

Tuesday, July 24, 2007
Pay CEOs less, minimum wage workers more
(4 comments)