Tag Archives: Income inequality

The Dire Consequences of Record Income Inequality

ANSWERING the KENNEDYS CALL In a new Economic Policy Institute report entitled The New Gilded Age, income inequality has risen in every state since the 1970s, and in most states it has continued to grow in the post–Great Recession era. … Continue reading

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Our ‘Drip-Down’ Economy

Popular Economics Weekly Graph: Marketwatch The results are already in on the current administrations tax and economic policies. They are carrying Ronald Reagan’s trickle-down economy to an even lower level. Let’s call it the ‘Drip-Down Economy’, since none of the … Continue reading

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What Happens in 2018?

Popular Economics Weekly The New Year will make some people very wealthy—mainly stockholders, corporate execs, and real estate moguls. And as minimum wages begin to rise this year in many cities and states (but not all), those at the lower … Continue reading

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2017—A Nightmare Year

Popular Economics Weekly “For what does it profit a man to gain the whole world and forfeit his soul?” Jesus was to have said to his disciples. This should be the proverb that describes 2017, a year of lost souls. … Continue reading

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Whither Go 2018 Interest Rates?

Financial FAQs The 10-year benchmark Treasury yield dropped 5.12 points yesterday, the biggest drop in 5 months, according to Marketwatch. It is hovering just above a 2.4 percent yield—which is why one can still obtain a 30-year fixed rate conforming … Continue reading

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Why are Americans So Unhealthy?

Financial FAQs Americans have just avoided a health care disaster in voting down the Senate’s ‘skinny’ Obamacare Repeal and Replace bill. Even though maintaining most of the taxes to pay for the Medicaid portion, it would have made insurance coverage … Continue reading

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Is Happiness That Important to Americans?

Popular Economics Weekly What a strange question to ask Americans! We are the wealthiest country in the world, right? But a recent survey claims to show that wealth accumulation is not the first priority for most of the world. In … Continue reading

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A Greater Lawlessness—On Tyranny

Financial FAQs Have we elected a tyrant as President? It’s hard to believe the clownish behavior and blatant lies of President Donald Trump could make him a tyrant, but author and history Professor Timothy Snyder says he has all the … Continue reading

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A Greater Lawlessness—Self Interest vs. The Common Interest

Popular Economics Weekly Are we at the beginning of an era of Greater Lawlessness, or nearing the end, with the greatest law breaking we may have seen in our lifetime? And are we at the beginning or end of the … Continue reading

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Let’s Make America More Equal Again!

  Popular Economics Weekly As defeated Democrats mull over what slogan can equal or overcome President Trump’s “Make America Great Again”, I have a suggestion, one that might even enthuse populist Republicans. Let’s make American more equal again, just as … Continue reading

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