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Sex Gap in Pay Narrows to Smallest Extent in U.S. History

In the face of a mantra of “only get worse“, “only get worse,” “only get worse,” “only get worse,” I offer this instance of bad matters getting better. The U.S. Census Bureau has just released information on the gap in median pay between men and women working full-time year-round in the United States:

Median […]

Support The Stop Tax Haven Abuse Act

Lloyd Doggett has introduced H.R. 1554, the Stop Tax Haven Abuse Act, legislation that would close down tax loopholes that allow wealthy individuals and corporations to send their money to accounts in foreign countries in order to avoid paying their fair share here in the USA. […]

Report: Inside the DC Beltway, Inequality is Even More Striking than Outside

Washington, DC has the 2nd highest average income among its richest 20% of all of America’s 50 largest cities. But the income of DC’s poorest 20% is far below the 50-largest-city average. The capital city of the United States of America is place of sky-high income inequality.

So finds the DC Fiscal Policy Institute in […]

What does the GOP say to the Widest Income Gap on Record?

New 2009 Census Data: Income Down for the Poor, Down for the Middle Class, Up for the Rich in the USA

(All dollar figures below in 2009 dollars, adjusted for inflation)

New figures on Americans’ household income in 2009 released by the U.S. Census Bureau today divide the U.S. population into quintiles, fifths of the population ordered by their income. Data show that the four lowest quintiles in the U.S. population — those earning $100,000 or […]

Income Inequality Review: How Much Does the Richest 0.1% Control?

Two days ago, I prepared for today’s release of new 2009 Census income inequality data by looking at the record historically, namely the average household income of each income quintile from 1967 to 2008:

The top quintile is the fifth of the population that earned the highest income in 2008; the lowest quintile is […]

Income and Inequality in the United States: A Review through 2008

A first glimpse at income trends in the United States doesn’t reveal anything a person would complain about:

From 1967 to 2007, median household income in this country rose 25%, and that’s in real, inflation-adjusted dollars. It seems like a great trend, and from this graph alone one might be tempted to clap, cheer […]

With an Income of $0 in 2009, How did Unity08 Pay for These Digs?

Unity08, the corporation set up with the intention of getting its own presidential ticket elected with unlimited big-money donations, insists that it is not dead. It’s arguing in federal court that, with a planned name change to Unity12 (sorry, the name’s taken) and big contributions from the richest Americans, it can successfully get its pick […]

Is This Broken Obama Promise Okay?

Taxing health benefits could go a long way toward putting the government’s budget back in order, and could help pay for health care reform policies to provide health insurance to people who currently don’t have any at all. […]

What Does Minimum Wage Get You in Lahore, Pakistan? Something Far Away from the Pakistani Middle Class

I’ve been inspired by the recent willingness of t-shirt corporation Econscious to share some information about one of its factories in Lahore, Pakistan. By inspired, I don’t mean elated. When I look at the income reports for 20 workers in that factory in Lahore for the fall of 2007 to winter of 2008, I’m inspired […]

New Econscious Documents Available for Your Online Review

An update on my effort to obtain the proof of Econscious non-sweatshop labor that Econscious President Dale Denkensohn and another GMPC, LLC executive have said they can provide for the factories in India and Pakistan they use to produce their t-shirts:

I have not yet received GOTS reports from Econscious President Dale Denkensohn, but I […]