Tag Archives: wealth

Column: GOP tax plan is no populist panacea


Karen Rubin Just as no one pleaded with Congress to repeal Obamacare because they wanted their health care more expensive and less accessible, no one has begged Congress for a tax plan that exacerbates growing income inequality, shifting $1.7 trillion from working people into the pockets of the already obscenely rich, adds to the national debt, slashes Medicare, Social Security and Medicaid, and would rob the nation of funding for infrastructure, education, national defense, public safety, public health and transitioning to a clean-energy economy.
When the “populists” demanded Tax Fairness, they didn’t mean that Congress should leave in all […]

How the American dream turned into greed and inequality

uncle sam

Broken glass covers an armed forces recruiting poster at the scene of an explosion outside the U.S. Armed Forces Career Center in New York’s Times Square, March 6, 2008. REUTERS/Lucas Jackson Policymakers have largely ignored the growing gap between the rich and poor.

Capitalism has failed at redistributing wealth.

The American system could soon reach a breaking point. The American Dream is broken. Paul Ryan, speaker of the House of Representatives, recently stated that "in our country, the condition of your birth does not determine the outcome of your life."Yet the idea that every American has […]

Do welfare states boost economic growth, or stunt it?

Social reformer Francis Perkins

Women in politics are sometimes accused of consciously exploiting their femininity to get ahead in a male-dominated world.

Frances Perkins did that, but in an unusual way: she tried to remind men of their mothers.

She dressed in a plain, three-cornered hat, and she refined the way she acted, based on careful observation of what seemed to be most effective in persuading men to accept her ideas.Perhaps it’s no coincidence that those ideas could reasonably be described as maternal or parental.Any parent wants to shield their children from serious harm, and Perkins believed governments should do the same for their citizens.She […]

Why Won’t TV Show People Who Aren’t Rich?

Part of the cast of ABC

This year marks the final season of what might be the most underappreciated sitcom on TV, ABC’s “The Middle.” It’s a single-camera show about an Indiana family—the title refers to its character’s Middle-American, middle-class existence—and unlike the edgy comedies and tear-jerker dramas that dominate awards time, its humor is unapologetically middlebrow. But “The Middle” is charming, appealing and funny, in no small part because it has another distinction: It’s one of a precious few shows on TV today that focuses, consistently and honestly, on economic anxiety.

If there were ever a time to double down on stories of the American […]

Free Money: The Surprising Effects of a Basic Income Supplied by Government


The town of Cherokee sits in the Qualla Boundary, a large tract in North Carolina that is home to the Eastern Band of Cherokee and the Cherokee Central School. Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town of Cherokee, North Carolina, attending Western Carolina University on a football scholarship. He was the first member of his family to go to college.

McCoy’s father had ruined his body as a miner, digging tunnels underneath lakes and riverbeds, and […]

Higher education failing to challenge inequity – Report

Countries in Sub-Saharan Africa have failed to move their tertiary education systems from highly elitist to mass-based when compared with other regions in the world, according to a new World Bank study.

According to the report Sharing Higher Education’s Promise Beyond the Few in Sub-Saharan Africa , released on 31 October, international experience suggests that university education often starts off being biased towards the elite but as it expands it becomes more equitable. This has not been the case in Sub-Saharan Africa.

“Subsequently, the selection process has remained based on persistent and systemic social and economic inequities and disparities dictated by […]

Tax Reform, Tuition Waivers, and Economic Mobility

“Before any great things are accomplished, a memorable change must be made in the system of education and knowledge must become so general as to raise the lower ranks of society nearer to the higher. The education of a nation instead of being confined to a few schools and universities for the instruction of the few, must become the national care and expense for the formation of the many.”—John Adams There has been much ado recently (including on Surly ) about the fact that the current version of tax reform before the House of Representatives repeals Section 117(d) of […]

Effects of income inequality on poverty

Greater income inequality can increase the poverty rate, as more be a lot more transfers to offset inequality’s poverty-inducing impact. Policies that require welfare HOW SHOULD WE ASSESS INCOME INEQUALITY’S EFFECTS? The most informative test, which I’ll use here, is to see whether changes in income inequality Oct 14, 2015 The Effect of Billionaire Wealth, Income Distribution, and Poverty that initial poverty rather than income inequality affects economic growth of Mar 28, 2017 Poverty and income inequality are extreme issues that still exist in Malaysia. Policies that require welfare Use Forbes’ list of billionaires to derive a global measure […]

Tax Reform, Tuition Waivers, and Economic Mobility

“Before any great things are accomplished, a memorable change must be made in the system of education and knowledge must become so general as to raise the lower ranks of society nearer to the higher. The education of a nation instead of being confined to a few schools and universities for the instruction of the few, must become the national care and expense for the formation of the many.”—John Adams There has been much ado recently (including on Surly ) about the fact that the current version of tax reform before the House of Representatives repeals Section 117(d) of […]

A country divided by a great gulf


The voters who swung the election remain out of Democrats’ reach, says Harriet Baber

Polar opposites: Trump supporters and opponents argue at Sterling Heights, Michigan, earlier this year WHEN the smoke cleared after the United States presidential election, it was easy to see exactly what had happened: Democrats voted for Democrats, Republicans voted for Republicans, and the white working-class tipped the balance to Trump ( News, 11 November 2016 ).

The question was why. Why did the white working-class vote for Republicans, the party of plutocrats, against their own economic interests?The received view is that they were duped by […]