Tag Archives: Income inequality

Part II—What’s Wrong With Capitalism?

Financial FAQs Pete Buttigieg, Mayor of South Bend, Indiana and Presidential candidate, said to NBC’s Chuck Todd, “of course I’m a capitalist and America is a capitalist society, but it’s got to be democratic capitalism,” per the NYTimes’ Michael Tomasky. … Continue reading

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What If No Brexit Deal?

Popular Economics Weekly Equalitytrust.org We know why the UK voted to exit the EU—UK working class anger at not gaining many of the benefits from joining the EU, while experiencing its downside with the influx of eastern EU citizens that … Continue reading

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What is a Living Wage?

Answering the Kennedys Call The Washington Post published a recent interview with new Democratic House Member Alexandria Octavia-Cortez in which she said, “I think it’s wrong that a vast majority of the country doesn’t make a living wage, I think … Continue reading

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What’s Behind Brexit and the Politics of Fiscal Austerity?

Popular Economics Weekly https://www.washingtonpost.com The case can now be made that Briton’s vote to leave the EU was because of wrong-headed fiscal policies in the aftermath of the Great Recession. The housing bubble affected Europeans almost as much as Americans … Continue reading

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What Happens to 1% with Demo’s Blue Wave?

The Mortgage Corner   Washington Post Now that the Democrats will be taking back the US House of Representatives in January, can they enact programs that improve the record income inequality in America? American citizens have the least equal incomes … Continue reading

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Government Is the Solution Part II—Housing For the Homeless

Popular Economic Weekly thelundreport.org I said in an earlier column “that part of the solution to the housing and homeless crisis has to be the responsibility of governments.” A recent Project Syndicate article by UC Berkeley economist Laura Tyson, and … Continue reading

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Record Income Inequality = U.S. Credit Downgrade?

Financial FAQs Graph: MarketWatch The current debate whether the U.S. will escape the ‘new normal’ of slower economic growth since the Great Recession (when homeowners lost a collective $9 trillion in value) is taking a new turn with Moody’s Investor … Continue reading

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Does Lower Inflation Mean a Goldilocks Economy?

Popular Economics Weekly Graph: Calculated Risk Consumers are being helped by consumer prices that are barely rising. The Consumer Price Index is up just 2.7 percent, and core CPI without food and energy prices up 2.2 percent in 12 months. … Continue reading

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The Red Tide in Education

ANSWERING THE KENNEDYS CALL The Guardian Red tide algal blooms have been threatening coastal beaches for decades, killing sea life and sickening bathers; a sign of rising ocean temperatures due to global warming as well as human pollution. But another … Continue reading

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Loneliness in America is a Public Health Problem

ANSWERING THE KENNEDYS CALL As part of our series on community-building I am reporting on what happens to Americans as a result of the breakdown of community, which Robert Putnam first documented in his best-seller, “Bowling Alone: the Collapse and … Continue reading

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