February 12, 2013 |
You might not realize this if you've been listening to all the warnings about "entitlements" emanating from Congress, but Social Security remains the nation's most popular government program -- and the vast majority of Americans want lawmakers to protect it, without cutting benefits. In fact, a sizable majority want Congress to raise benefits. Those conclusions, drawn from a recent opinion poll conducted for the National Academy of Social Insurance, an organization of social insurance experts, are worth keeping in mind as President Obama addresses the state of the union tonight and as budget battles continue in Washington.
November 11, 2012 |
Click here to download TV listings for the week Nov. 4 - 10 in PDF format This week's TV Movies SERIES Richard Hammond's Crash Course: Richard trains to be one of the crew tasked with changing a wheel in an IndyCar race in Sonoma in an episode that features a drive around the racetrack with legendary driver Mario Andretti (7 and 11 p.m. BBC America). How I Met Your Mother: Barney (Neil Patrick Harris) decides to take action when Robin (Cobie Smulders)
April 14, 1991 |
One of the classic trade-offs in economics is between equity and efficiency. Under many circumstances, arrangements or policies that enhance one of these goals do so by sacrificing some of the other. Since the early 1970s, the U.S. economy has managed to do poorly on both counts.
September 1, 2008 |
Not all that long ago, America's prominent business and government leaders widely believed that our nation's prosperity depended on a strong middle class growing from the bottom up. Workers were rewarded for their hard work with fair wages, benefits and advancement opportunities -- and our economy and our national security were much stronger for it. Henry Ford certainly knew this, and often said that his company would prosper only if his workers...
December 7, 2011 |
On a day when President Obama explicitly sounded the alarm on rising income inequality in the United States in a speech in Kansas, protesters in Washington chose action over rhetoric, disrupting a fundraiser for House Majority Leader Eric Cantor. As part of the “Take Back the Capitol” movement that has descended on the capital this week, protesters stood outside a tony D.C. restaurant, giving the business to lawmakers and lobbyists who tried to enter and chanting “We are the 99%!
September 16, 2012
A new Census Bureau report confirms that the slowly rising tide of the U.S. economy hasn't lifted all boats. The 20% of Americans with the highest incomes captured an even larger share of the earnings in 2011, while the rest collected the same share or less. The widening income inequality is disturbing, but as the report shows, things could have been considerably worse. Without such safety net programs as unemployment benefits and food stamps, millions more families would have fallen into poverty.
October 16, 2012 |
The questions asked at Tuesday night's presidential debate will be left to a coterie of undecided voters assembled by Gallup pollsters, so don't be surprised if they invite President Obama and his Republican opponent, former Massachusetts Gov. Mitt Romney, to pander to address concerns unique to their lines of work, their favorite causes or the problems they face as individuals. For example, that might include questions about whether the government is doing enough about cancer or Alzheimer's disease, or why Washington bailed out the big banks but not a local business whose line of credit dried up. Personally, I like those questions.
December 4, 2011
Beware Iran Re "Britain closes its Tehran embassy after attacks," Dec. 1 The attack on the British Embassy in Tehran occurred not just with the tacit approval of the Iranian government but also with its encouragement. This is the same as Iran's 1979 assault on the U.S. Embassy, in which Americans were kidnapped and held hostage for 444 days. The only difference today is that this rogue nation is more extreme; it openly supports terrorism, making it ridiculous to demand that the U.S. or any Western democracy apply the Geneva Convention when dealing with it. It's also a wake-up call to anyone foolish enough to think that an outfit like Iran would act rationally if it had nuclear weapons.
January 29, 2014 |
In his sixth State of the Union address, President Obama called for a “year of action,” but 2014 is more likely to be a year in which voters ratify gridlock. Listening to Obama's sometimes meandering, sometimes inspiring speech, one thought would not leave my mind: Words are not enough to undo the damage done by six years of ceaseless vitriol and obstruction from the right. When, for instance, he said, “Climate change is a fact,” I had no doubt that a majority of the Republicans in the House chamber were thinking, “Who says?
August 22, 2000 |
The middle-income California family lost ground economically during the 1990s while those families in other states progressed, according to a new study. The report, released by the Federal Reserve Bank of San Francisco on Monday, also expands on earlier studies showing a growing gap between the state's wealthiest and poorest residents during the 1990s. "In the rest of the U.S., the interesting thing about the 1990s was that income inequality leveled off.