Economists Argue over Distribution Question (tags)
More and more economists take distribution questions seriously. When inequality becomes too great in a national economy, the economy becomes unstable. Private indebtedness and income inequality massively increased in the US Financial markets uncoupled from real economy
Inequalities, Taxes, and More Inequalities (tags)
Thanks to Occupy, most working people are well aware of the growing inequalities in wealth. But for those who lack the specifics, former Secretary of Labor Robert Reich provides a useful overview: “…the rich have been getting a larger and larger portion of total income. From 9 percent in 1980, the top 1 percent’s take increased to 23.5 percent by 2007. CEOs who in the 1970s took home 40 times the compensation of average workers now rake in 350 times.” (“Confessions of a Class Warrior,” August 22, 2010).
General Strike & Tax on Millionaires & Billionaires in Cal Needed Now (tags)
The State of California is set to issue IOUs instead of checks today, July 1, 2009, because the progressive income tax on the rich, those who make over $200,000 a year, has been cut instead of raised and because labor has not declared the overdue GENERAL STRIKE.
BTL: Effort to Restore Habeas Corpus Rights to... (tags)
BETWEEN THE LINES Syndicated Radio Newsmagazine --Weekly Summary