- October 23, 2012
The Huffington Post features article “Where's Joe the Plumber When You Need Him?”Visit the publisher's website • See the article
Four years ago, a plumber by the name of Joe Wurzelbacher injected a bit of a debate over inequality right into the heart of the 2008 presidential race.
Now four years later Joe the Plumber has largely faded from view. He's running a lackluster campaign for Congress, as a conservative Republican. And the issue that gave Joe the Plumber celebrity status -- wealth redistribution -- has more or less totally disappeared.
Last week, the second presidential debate of 2012 came and went without a single mention of the word "inequality" or America's incredibly top-heavy distribution of income and wealth.
Maybe one day Americans will live in a society that shares. Maybe one day our presidential candidates will even talk about sharing.
- October 22, 2012
The Columbia Missourian features article “Empty Anti-Wall Street Rhetoric”Visit the publisher's website • See the article
- October 16, 2012
The Valley Advocate features report “Inequality Report Card: Grading Congress on Inequality”Visit the publisher's website • See the report
“The growing gap between the rich and the rest of us didn’t just happen by chance,” notes Sam Pizzigati, IPS Associate Fellow. “Conscious political decisions—on taxes, on trade policy, on regulations—have all been driving the divide.”
“Members of Congress have the capacity to make sure all Americans, not just a privileged few, share in the wealth that we all together create,” adds IPS Associate Fellow Sam Klinger. “With this new report card, voters can see for themselves how well their elected lawmakers are meeting that responsibility.”
- October 15, 2012
The Huffington Post features article “Empty Anti-Wall Street Rhetoric”Visit the publisher's website • See the article
Campaign strategists are placing these anti-Wall Street ads for an obvious reason. Wall Street's greed grab, they understand, has deeply angered America.
A growing number of lawmakers in Congress are aiming to change this 1 percent-friendly status quo. They've introduced over a dozen different financial transaction tax bills. The latest -- from Rep. Keith Ellison of Minnesota -- would place a 0.5 percent tax on every stock trade and somewhat smaller taxes on every trade of bonds, derivatives, and currencies.
These Robin Hood campaigners don't have a fraction of the cash spent so far on all those anti-Wall Street political campaign ads. But they do now have solid legislation to push -- and an equally solid determination to keep all those anti-Wall Street candidates honest.
- October 14, 2012
MDZolVisit the publisher's website
Los billonarios norteamericanos se han dado cuenta de que no tienen porqué preocuparse de convencer a una mayoría de la población de que voten según sus intereses. En vez de esto pueden poner su dinero en campañas para evitar que voten los duros de convencer.
Nuestros dos principales candidatos a la presidencia estuvieron en Ohio la semana pasada y legiones de periodistas les siguieron los pasos. Estos periodistas llenaron miles de páginas con lo que vieron y oyeron en su rápida excursión de ida y vuelta a Ohio.
Pero ninguno de estos periodistas dijo ni una sola palabra sobre lo que podría ser la noticia nacional más significativa que salió de Ohio la semana pasada: la publicación por el Banco de la Reserva Federal de Cleveland de un nuevo análisis sobre las desigualdades de la renta.
“No se puede impedir que los billonarios se gasten sus billones” nos indica su nuevo libro. “ La única forma de acabar con que los billonarios compren nuestras elecciones es acabar con los billonarios”.
Hasta este final, la renta del trabajo continuará decreciendo y la de la riqueza continuará aumentando.
- October 13, 2012
The Bemidji (MN) Pioneer features article “Apparently, Suite Crime Does Pay”Visit the publisher's website • See the article
- October 11, 2012
Unionosity features article “Apparently, Suite Crime Does Pay”Visit the publisher's website • See the article
- October 6, 2012
The Bemidji (MN) Pioneer features article “A Congressional Report Card for the 99 Percent”Visit the publisher's website • See the article
- October 6, 2012
ABC News features report “Inequality Report Card: Grading Congress on Inequality”Visit the publisher's website • See the report
Their "Congressional Report Card for the 99 percent" identifies 17 members of the Senate from both sides of the aisle, listed on the group's website, who they say are most friendly to the 1 percent of Americans who have the most assets and income.
The group gave 48 representatives and 11 Senators a grade of "F" and 14 representatives and five Senators a grade of "A."
Scott Winship, a fellow in economic studies at the Brookings Institution, which has often been cited as a "centrist" think-tank, said longer-term trends in inequality are driven mostly by the strength of financial markets than the legislation the Institute for Policy Studies analyzed.
[however] Isabel Sawhill, senior fellow [also] at the Brookings Institution and co-director of the Center on Children and Families, said the Bush tax cuts "very clearly favor the rich."
She called the report "very interesting and well done."
- October 5, 2012
Facing South features report “Inequality Report Card: Grading Congress on Inequality”Visit the publisher's website • See the report
Though the South is the region of the United States with the greatest concentration of income inequality, its representatives in Congress are doing a poor job of addressing the problem.
The Institute for Policy Studies released a report this week that grades federal lawmakers on 40 legislative actions over the past two years that either helped the most affluent or the poorest of their constituents.
The 13 Southern states* earned an average score of C-. Of those 13 states, 10 have among the highest income inequality index scores nationwide.