Sam Pizzigati co-edits Inequality.org. Among his books on maldistributed income and wealth: The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class, 1900-1970. His latest book, The Case for a Maximum Wage, will appear this spring. Follow him at @Too_Much_Online.
对于普通美国人来说，美国经济几乎没有任何荣誉。两个新的数据转储使这个现实变得更加平坦。
Long-time Republican Party political strategists are having fits. If only we could get average Americans to focus in on the economy instead of The Donald, they’re telling all comers, the GOP would do just fine in the upcoming November midterm elections. Those Republican strategists should be careful what they wish for. Getting average Americans
Mexico rates as one of the world’s most unequal major nations, and the party of the presidential candidate topping the polls pledges to confront those concentrating the nation’s “economic and political power.
The upcoming presidential election in Mexico — now just eight weeks away — may well prove to be this year’s most significant worldwide referendum on inequality. Mexico, after all, rates as one of the world’s most unequal major nations, and the party of the presidential candidate currently topping the polls — Andrés Manuel López Obrador —
High taxes on the rich, cheerleaders for grand fortune tell us, kill the entrepreneurial spirit. What does history tell us?
The orthodoxy that dominates today’s Republican Party — and the ranks of “business-friendly” Democrats — rests on a simple approach to economic policy. Let’s be nice, this orthodoxy holds, to rich people. Let’s be particularly nice at tax time. Let’s keep taxes on rich people, conservatives advise us, as low as possible. High taxes on high
The Congressional Budget Office has just released the latest iteration of its U.S. household income distribution series, and this new research rates as the nonpartisan agency’s most comprehensive yet.
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 the significance of the alarming new data. The United States isn’t getting more unequal, the Reaganites pronounced, and the middle class isn’t shrinking.
We’re not talking El Chapo or any of his drug-running buddies. We’re talking about the mega-billionaire family behind one of America’s most profitable drug-industry empires, the privately held Purdue Pharma.
If the devil wears Prada, what do America’s most destructive drug pushers wear? They wear smiles. The drug pushers we have in mind here have caused hundreds of thousands of deaths, enough fatalities to decrease overall U.S. life expectancy at birth for the last two years running. Yet no police SWAT teams have pounded down any doors hunting these
Deeply unequal societies, researchers have documented over the past four decades, generate far more of these stresses than more equal societies.
Rich people live longer than poor people. No big news there — we’ve known that health tracks wealth for quite some time now. But here’s what we haven’t known: The life-expectancy gap between rich and poor in the United States is actually accelerating. Since 2001, American men among the nation’s most affluent 5 percent have seen their
