Tags » Income Inequality

Inequality is not the problem—lack of freedom is

Desperate to leave a legacy—of having turned the United States more sharply toward socialism—President Obama is grasping for various schemes. In his latest State of The Union address, he again brought up solving the “problem” of income and wealth inequality by the means of state intervention as part of his desired legacy. 702 more words

Freedom

Report: Fast food industry could survive $15 minimum wage - by Ned Resnikoff- January 23, 2015 12:39PM ET

Congress could more than double the federal minimum wage without doing serious harm to the fast food industry, according to a report from economists at the University of Massachusetts-Amherst. 320 more words

Business

Republicans Are Finally Talking About Inequality - By Jamelle Bouie JAN. 22 2015 7:53 PM

The economy is growing, a presidential election is on the horizon, and Republicans are finally tackling income inequality as a national problem.

Earlier this month former Florida Gov. 360 more words

Government

One sentence that perfectly explains why the middle class has to care about inequality - Updated by Matthew Yglesias on January 19, 2015, 11:00 p.m. ET

Larry Summers sums up the cost of rising inequality to the typical American household: “If the US had the same income distribution it had in 1979, the bottom 80 per cent of the population would have $1 trillion — or $11,000 per family — more. 329 more words

Income Inequality

Who gets to live where?: The battle over affordable housing - by Lawrence Lanahan January 18, 2015 5:00AM ET

The Supreme Court is to hear a case involving the low-income housing tax credit as state and local opposition simmers

SEVERNA PARK, M.D. — Lauren Wilusz leans down to help her 22-month-old son, Tommy, out of his coat and snow-spattered boots. 279 more words

Income Inequality

LA residents need to make $33 an hour to afford the average apartment - Ben Bergman January 15, 03:28 PM

 You need to earn at least $33 an hour — $68,640 a year — to be able to afford the average apartment in Los Angeles County, according to Matt Schwartz, president and chief executive of the California Housing Partnership, which advocates for affordable housing. 331 more words

News

Can worker cooperatives alleviate income inequality? - by Sarah Jaffe January 13, 2015 5:00AM ET

A $1.2 million investment from the New York City government is the latest boost to businesses owned and run by workers

When Henry Lezama joined Roca Mia Construction, his new colleagues were still in the process of deciding what kind of business, exactly, it would be. 213 more words

Innovation