Inequality: What We Earn vs. What We Consume

Is inequality better measured by what we earn or what we spend? The difference is surprising. [Credit: Politic.org]

Is inequal­i­ty bet­ter mea­sured by what we earn or what we spend? The dif­fer­ence is sur­pris­ing. [Cred­it: Politic.org]

Is your stan­dard of liv­ing bet­ter mea­sured by what you earn or by what you buy?

The ques­tion may seem an odd one, but it is crit­i­cal to under­stand­ing the prob­lem of ris­ing inequal­i­ty. Con­tin­ue read­ing →

What Will The Poor Pay for Obamacare?

Credit Huffington Post

Mil­lions of unin­sured Amer­i­cans with low incomes will find that cov­er­age under Oba­macare isn’t free. How they react to that brac­ing bit of news will help deter­mine whether the law suc­ceeds. [Cred­it: Huff­in­g­ton Post]

Pres­i­dent Oba­ma promised change.  Oba­macare will bring it.  But one of its most far-reach­ing changes has noth­ing to do with health care.  Con­tin­ue read­ing →

America’s Shrinking Workforce

Unemployment officeAmer­i­ca had a bad week. We once again were remind­ed that ter­ror­ism rep­re­sents a con­tin­u­ing threat, that indi­vid­u­als poi­soned by hate­ful ide­ol­o­gy can inflict great harm. We were also remind­ed that we are capa­ble of respond­ing to these bru­tal acts, as Pres­i­dent Oba­ma said, “Self­less­ly. Com­pas­sion­ate­ly. And unafraid.”

Ter­ror­ism presents a chal­lenge to which we’ve yet to for­mu­late a durable response. We remain vul­ner­a­ble, despite the government’s con­tin­ued efforts to keep us safe.

There is anoth­er prob­lem, less hor­rif­ic in its imme­di­ate effects but no less intractable, that also is get­ting the bet­ter of us: the prob­lem of job­less­ness. Con­tin­ue read­ing →