The Trouble with Trump’s ‘Alternative Facts’

The Trouble with Trump’s ‘Alternative Facts’

About an hour after Donald Trump was sworn in, I was having lunch with my wife and our five-month-old. As we picked at our food outside my office in D.C.’s Dupont Circle neighborhood, groups of tourists trickled by in Trump regalia. Early the next morning, as I dumped...
Candidates Stop Saying ‘Middle Class’

Candidates Stop Saying ‘Middle Class’

Presidential candidates are getting creative when it comes to describing the middle class, according to The New York Times. Why? Because the middle class in America is shrinking. As a result, the term no longer connotes aspirational, feel-good emotions. Long...
Inequality Is Costing Us Big-Time

Inequality Is Costing Us Big-Time

Have you ever wondered what inequality costs the average American family? That is, what price do we pay — in actual dollars and cents — for tolerating an economy fixated on pumping our treasure to the top? That question has no simple answer. How much, for instance,...
NAFTA Pushes Many Mexicans to Migrate

NAFTA Pushes Many Mexicans to Migrate

There is an important element that is constantly missing in the migration debate in the United States – the push factors, or what it is that pushes millions of Mexicans and Central Americans migrate. The destruction of local economies and livelihoods by U.S.-led free...
Another Side of Inequality

Another Side of Inequality

You’ve no doubt heard about our widening gap between the rich and the poor. But did you know that the gap between the rich and America’s middle class is growing almost as fast? The Center for Budget and Policy Priorities and the Economic Policy Institute...
Middle Class Fantasy

Middle Class Fantasy

Yes, my job Is in the ditch; But not the incomes Of the rich. America is big on fantasies. We savor staged reality shows and overhyped football games. We fawn over celebrities and video games. But perhaps our biggest fantasy is the persistent belief that nearly all of...
China’s Missing Middle Class

China’s Missing Middle Class

Two parallel narratives surround globalization and the trade imbalance between China and the United States. One side moans that competition with China has squeezed traditional U.S. manufacturing jobs and caused the middle class to disappear. The other side declares...

America’s Real Job Creators are Broke

As narrators used to say in Western movies: “Meanwhile, back at the ranch…” Our policymakers in Washington have totally lost sight of what’s happening at the ranch. John Boehner’s GOP-controlled House and Barack Obama’s White House...
Moving Past the Jobless Recovery

Moving Past the Jobless Recovery

Most of the 15 million unemployed Americans want to be back at work. What Americans need first and foremost is to be able to go to work and bring home a paycheck. Two more of my friends just lost their jobs. I have two brothers-in-law who are out of work. They...

Squeezing Ordinary Californians and New Yorkers

Following World War II, the United States produced something the world had never seen: a mass middle class. For the first time, a majority of a major nation’s people had real money left over after paying for basic food and shelter. New York and California served...

The Small Business Case for Ending Tax Cuts for the Wealthy

This post was initially published in Yes Magazine online “Expecting high-end tax cuts to trickle down as job creation is about as reasonable as pouring gasoline on your hood and expecting it to fuel your car.” — Lew Prince, owner, Vintage Vinyl, an...

CEO Pay More Than Doubled Last Year

From Fox 5 DC: An annual report on compensation for corporate CEO’s finds that pay for top executives was more than double last year than in the 1990s, and quadruple the compensation rate of the 1980s. The Institute For Policy Studies says that CEOs who cut...

The Other 95 Percent

The next time you read about another tea party protest convened to decry the tax bogeyman, log on to “The Other 95%” website (http://theother95.com). There, you’ll learn that “unlike President Bush’s 2001 tax cuts, which went to the...