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Sunday, December 17, 2017
1 percent

Clinton Must Address Income Inequality In 2016

To win the White House, Hillary Clinton will need a campaign about leveling the playing field.

February 14, 2015

Oxfam: Richest 1 Percent Soon To Own Half Of World’s Wealth

Inequality is even worse than you might think.

January 19, 2015

Cartoon: Poor Jamie Dimon

JPMorgan’s CEO feels persecuted (again.)

January 16, 2015

Gilded Youth And Their Pain

Privilege comes with a price for many American children.

January 15, 2015

How Government Helps The 1 Percent

Government redistribution is very real — but it flows from the 99 percent to the top.

January 15, 2015
e Carinthia VII au Port d'Antibes. Ce megayacht construit en 2002 mesure 98 mètres de long.(Axou/Wikimedia Commons)

The Pain Of Inequality Among Yacht Buyers

The divide between the haves and the have-it-alls is growing, too.

December 10, 2014

Congress Should Reinforce The Inheritance Tax, Not Scrap It

Real wages have stagnated for decades. Home ownership rates are down. College debt is weighing down young people entering the workforce. Millions of low-wage workers eke out a living on a minimum wage of $7.25 an hour. As the American Dream slips away for millions of people in this country, one faction of Congress is doing […]

August 4, 2014

Weekend Reader: ‘Divided: The Perils Of Our Growing Inequality’

Today the Weekend Reader brings you Divided: The Perils of Our Growing Inequality, a collection of essays edited by David Cay Johnston, a Pulitzer Prize-winning investigative journalist, best-selling author, and regular contributor to The National Memo. The growing gap between rich and poor remains a dominant issue among the 99 percent, but without the support of a majority of elected leaders, the middle […]

May 31, 2014

Justice For All…Except Those Too Big For Jail

Fair warning: This book will make you angry. The Divide: American Injustice in the Age of the Wealth Gap, by Matt Taibbi, is a volume of stories. Like the Vietnamese refugee and rape victim in San Diego who applied for public assistance, only to be visited by a “welfare inspector” who barged into her home and […]

May 14, 2014

The Key To 2014

CHICAGO — The Democrats’ biggest strategic challenge in maintaining control of the U.S. Senate involves motivating the party’s base while simultaneously attracting swing and even Republican voters in contests being waged in conservative states. This base-versus-swing dilemma exists in every election, but the tension is aggravated for Democrats this year because they are trying to […]

April 24, 2014

Pity The Poor Plutocrats

Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are H. L. Hunt…a few other Texas oil […]

April 9, 2014

The 5 Best States To Be A Member Of The 1 Percent

A new report by the Economic Policy Institute (EPI) provides further evidence that the serious problem of growing income inequality in the United States has worsened in recent years. According to the report, income in the nation grew 36.9 percent between 1979 and 2007, but 53.9 percent of that growth was shared among the top […]

February 24, 2014

Sincerest Sympathy To The Filthy Rich

Dear Tom Perkins: I’m writing to apologize. I do this on behalf of the 99 percent of us who are not multimillionaires. You, of course, are, having made a pile as a venture capitalist and co-founder of the firm Kleiner Perkins Caufield & Byers. I admit, I’d have thought a guy like you had little […]

February 3, 2014

5 Reasons (Some Of) The 1 Percent Is So Upset At President Obama

You’d think the super rich would be thrilled. Since the recovery from 2008’s financial crisis began, 95 percent of the wealth created has gone to the richest 1 percent, which is why most Americans feel as if there has been no recovery at all. But venture capitalist Tom Perkins thinks progressive rhetoric isn’t just reflective […]

January 27, 2014

Willful Blindness Worsens Inequality

The rich really are getting richer, while the vast majority is getting poorer. All you have to do is look at the official government data to know this. Sadly, though, most of our nationally prominent journalists, especially David Brooks of The New York Times and PBS, do not know this because they neglect to do […]

January 17, 2014

Wall Street’s 1 Percent Meets 2 Billion Seeking Answers

Oct. 19 (Bloomberg) — It’s all about location, location, location, as they say in real estate. Protests, too. There were more obvious places for Tokyo’s Occupy Wall Street protest to converge on Saturday than the nightlife district of Roppongi. It could have begun in Nihonbashi, home to the Tokyo Stock Exchange; Nagatacho, Japan’s Capitol Hill; […]

October 18, 2011