economy

Has NPR Joined the Crusade Against Social Security and Medicare?

Has NPR Joined the Crusade Against Social Security and Medicare?
The most striking feature of the U.S. economy over the last three decades has been the upward redistribution of income. The top 1.0 percent of households has managed to pocket the vast majority of gains over this period. That is a sharp contrast with the three decad
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New Bill Would Raise Minimum Wage to $10.10

New Bill Would Raise Minimum Wage to $10.10
Increasing the minimum wage is as no-brainer of a policy as it can get. One, it is extremely popular with the public. Two, it would impact millions of workers—more than 30 million workers would receive a raise if the minimum wage was increased.
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Union Bank Study Shows 84% Confidence Rating in Small Business Climate Uptick

Union Bank Study Shows 84% Confidence Rating in Small Business Climate Uptick
The survey found that while nearly half of those surveyed feel the climate for their small business has worsened in the past two years, a growing number believe the national and state economies are heading in the right direction and the majority (84 percent) maintain confidence in the direction of their own companies.
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Obama to Congress: 'I Am Willing to Work with Anybody to Get This Job Done'

Obama to Congress: 'I Am Willing to Work with Anybody to Get This Job Done'
The bottom line is that Democrats have offered a compromise plan to avoid the sequester, one that is balanced between revenue increases (e.g., by closing tax loopholes which benefit the wealthiest Americans and corporations) and smart - not meat cleaver, like the current sequester calls for - spending cuts.
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The Minimum Wage Would Be $21.72 an Hour if it Rose with Productivity Since 1968

The Minimum Wage Would Be $21.72 an Hour if it Rose with Productivity Since 1968
The Center for Economic and Policy Research’s John Dewitt looked at what the minimum wage would be if it simply rose with productivity since 1968, and found that it would be almost 3 times what it is now.
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The Obama State of the Union Roadshow Aims for Asheville

President Obama repeats many of the themes from Tuesday night's State of the Union address while speaking to people at a manufacturing plant in Asheville, North Carolina Wednesday.
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Inequality Is Much Worse Than You Think

Inequality Is Much Worse Than You Think
Inequality in America grows more extreme each day. The richest 400 Americans, for example, increased their wealth by 54 percent between 2005 and 2010, while the median middle-class family saw its wealth decline by 35 percent.
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How Corporations Have Betrayed American Workers

How Corporations Have Betrayed American Workers
Free market idealists argue that capitalism works for anyone with a little initiative and a willingness to work hard. That might be true if job opportunities were available to everyone.
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14 Reasons to Repeal Sequestration

14 Reasons to Repeal Sequestration
It’s been four years since Wall Street ruined the economy, we’re nearly nine million jobs behind where we need to be, and for years our politicians have debated how much less – not how much more – they’ll do about it.
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FDR's Four Freedoms: Diminished and Defiled

FDR's Four Freedoms: Diminished and Defiled
For every $100 owned by a white family, a black family has $2. For every $100 owned by a single white woman, a single black or Hispanic woman has 25 cents.
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