Truthout
Inequality
Biden Peddles the Myth That Spending More on Weapons Is Good for the Economy
The Pentagon’s annual budget is more than 20 times what the US now invests per year to reduce greenhouse gas emissions.
New Survey of Early Childhood Educators Finds a Sector in Crisis
Child care bill languishing in Congress would cost a fraction of the $150 billion a year the US loses from tax dodgers.
To Democratize Finance, We Must Take the Banks Away From the Bankers
Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit.
A Growing Number of Economists Are Joining the Fight to Rein In the Big Banks
Big banks have captured the financial regulatory system and are driving inequality. We need to bust their club.
2024 Will See Wave of Minimum Wage Hikes — But the Impacts Won’t Be Felt Evenly
Ten million US workers will see wage increases this year, but inflation has eroded our tools for reducing inequality.
Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High
Since 2001, median rents have risen by 21 percent — while renters’ incomes have only increased by 2 percent.
More Than Half of Americans Don’t Have Enough Savings to Cover $1,000 Expense
More than one in five Americans have no emergency savings fund set up at all.
The Only Solution to “Wealth Supremacy” Is a Democratic Economy
Our economy must center human outcomes rather than rising share prices, says social theorist and author Marjorie Kelly.
Bipartisan Tax Bill Offers Generous Corporate Tax Relief, Inadequate Poverty Aid
A proposed bill increases the child tax credit, but fails the poorest families. Yet corporations would see a windfall.
Richest 1 Percent Produced as Many Emissions as Poorest Two-Thirds of Humanity
Annual emissions of the super rich cancel out emissions-reduction impact of nearly a million onshore wind turbines.