Category: Poverty & income gap
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Thanks, Monsieur Warbucks!
By Peter Galuszka Sometimes there are enlightened people out there. This is point to shake up the Baconauts and Boomergeddons, but the New York Times has an editorial this morning about the enlightened rich. Following the lead of Warren Buffett, the investment Sage of Oamaha who says he should pay more taxes: “Sixteen of France’s…
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The Wonk Salon, September 9, 2011
Drugs in the Drinking Water Government Accountability Office Pharmaceuticals are being discovered in measurable quantities in the drinking water of some metropolitan areas. Federal agencies need to do a better job of monitoring the trend and reporting to the public. Which Comes First: Poverty or Decline in Marriage? Economic Policy Institute Hispanics and African-Americans aren’t…
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Nice Try, Cooch
By Peter Galuszka Surprise, surprise, surprise. The Fourth Circuit Court of Appeals has tossed out a notorious challenge by Virginia Attorney General Kenneth Cuccinelli and arch-conservative Liberty University to Obamacare. In a surprise move, a three-judge panel at the appeals court ruled that the two plaintiffs did not have standing to bring the case and…
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Notes on the Wealth Gap: The Role of Health Care
by James A. Bacon Stagnating incomes for middle Americans are a significant driver of the increasing income and wealth gap with top-earning Americans. Why have middle-class incomes stagnated? There are lots of theories — globalization, automation and (my favorite) rent-seeking by the rich and powerful. But a new report by the Rand Corporation identifies the…
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The Over-Regulation Hoax
By Peter Galuszka “They’re coming out with multiple, onerous regulations,” says Mike Bucci, a small business owner in Richmond, according to a visual runby Chief Baconaut James A. Bacon Jr., as part of a blog posting titled”Paperwork, Solar Panels, and Job Creation.” Mr. Bucci complains that his small business, which comes up with business solutions,…
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Chart of the Day: Education Gap vs. Income Gap
by James A. Bacon The wealth gap in the United States is wide and getting worse. One presumed remedy, broadly accepted across the ideological spectrum, is to equalize educational opportunities for all. It may come as a surprise — it certainly did to me — to find that educational inequality, as measured by the number…