Our Society is Unequal By Design

Our Society is Unequal By Design

The rising inequality we’ve seen in recent decades did not happen by accident. It was the result of deliberate public policy decisions and, fortunately, can also be reversed by making different decisions. That’s the contention of Dean Baker’s just-released book,...
Tightening Whose Belt?

Tightening Whose Belt?

Listening to so-called fiscal conservatives like Representatives Kevin Brady and Mike Kelly, you’d think we were in a desperate fight for survival, with the national debt threatening our future. “I cannot in good conscience support adding more debt to the backs of our...
My Experience as a College Graduate in the Restaurant Industry

My Experience as a College Graduate in the Restaurant Industry

The crisp winter air stings as it hits my face on the way out of the restaurant. I’m not sure which hurts more – the winter chill or my empty pocketbook – as I briskly shove 87 crinkled dollar bills inside. It’s a Saturday night. I just worked a grueling...
The Dirt on Fix the Debt’s Advocacy of a Territorial Tax System

The Dirt on Fix the Debt’s Advocacy of a Territorial Tax System

On June 12, 2013, the Institute for Policy Studies released the sixth in a series of reports on the Fix the Debt corporate lobby group. This newest report, Corporate Pirates of the Caribbean, uses Fix the Debt members’ SEC filings to calculate how much they would...

First Step to Avoid the Fiscal Cliff: Close Offshore Tax Loopholes

Offshore tax dodging costs United States $150 billion annually — groups illustrate impact with 16 dramatic ways lost revenue could be used. Boston, MA – With Congress scrambling to agree on ways to reduce the deficit, MASSPIRG joined with business,...

New IPS Proposal Would Scrap Most of the Deficit

Without trimming the safety net, an Institute for Policy Studies framework would shrink the federal budget deficit by $881 billion per year while making the United States more equitable, green, and secure. Washington DC — A new Institute for Policy Studies...

The Consequences & Morality of the Return of U.S. Debtors’ Prisons

Eric Cheng is an intern with the Institute for Policy Studies. The United States claims to be the land of opportunity, but more and more Americans lack the resources to get ahead, let alone stay afloat. However, the condition of the vulnerable poor and the squeezed...
Scram!

Scram!

Get out of town. Go on, scram! That’s what a graduation ceremony is all about: the big boot. Thanks for those thousands of dollars, here’s a receipt in the form of a diploma, and now hurry up and make room for the next class. Oh, and don’t forget to...
Sequestering Military Spending

Sequestering Military Spending

In its final stages, debate over the supercommittee has boiled down to squeezing new revenues out of millionaires vs. cutting the social safety net. The largest portion of the discretionary budget, however, funds the military — and that fact has been mostly...

Is Europe Over?

Europe has always been a rather tenuous concept. A rump continent, Europe represented the barbarous hinterlands for the Greeks and Romans. The first use of the term “European” occurred in a chronicle describing the forces of Charles the Hammer that turned...
Cut Deficit, Increase Militarization?

Cut Deficit, Increase Militarization?

The recent deficit deal includes potentially deep cuts in U.S. security spending. One likely but perhaps counterintuitive outcome would be staffing reductions in foreign development programs and in diplomatic missions. The deal will also hit the budgets of domestic...