In his inaugural address today, President Donald Trump said, “But for too many of our citizens, a different reality exists: Mothers and children trapped in poverty in our inner cities… We will get our people off of welfare and back to work.” President Trump thus implied that most U.S. poverty is in “inner cities” and […]
All low-income Americans should be equipped with an Online HOPE (Health, Opportunity, and Personal Empowerment) account. .S. poverty policy is stuck in a rut. In 2015, 43 million people in America were living in poverty – more than the combined populations of Texas, Pennsylvania, and Nebraska and 11 million more than in 2000. Slow growth […]
With the campaign in its final weeks, there is at least one issue that both candidates agree on — preserving and expanding Social Security. We can “save Social Security” and cut taxes, as Donald Trump insists, merely by conjuring that elusive elixir of “economic growth.” Hillary Clinton goes further, calling to expand it for widows […]
With the campaign in its final weeks, there is at least one issue that both candidates agree on — preserving and expanding Social Security. We can “save Social Security” and cut taxes, as Donald Trump insists, merely by conjuring that elusive elixir of “economic growth.” Hillary Clinton goes further, calling to expand it for widows […]
Our recent report on tech employment, authored by myself and Diana Carew, calculated that women have been getting three times as many healthcare-related bachelors degrees as men. A NYT article from February 2015 lauded women for taking advantage of the stable, middle class jobs in healthcare, observing that As the job market has shifted, women, in general, have […]
President Obama’s new budget attempts to define a progressive alternative to conservative demands for a politics of austerity. Having just returned from a gathering of center-left parties in Copenhagen, I can report that European progressives are wrestling with the same challenge, and are reaching similar conclusions. There was wide agreement that the wrong answer is […]
Writing for the Daily Beast, Will Marshall argues that Obama is in a strong position to challenge the new Congress to pass a fiscal grand bargain early in 2013: The fiscal cliff deal finally passed by the House Tuesday night isn’t likely to lift the public’s rock-bottom esteem for the nation’s elected leaders. It took […]
Writing for U.S. News & World Report, Jason Gold explains the impact of the fiscal cliff on homeowners. With the clock ticking, the nation is engrossed in Washington’s horse wrangling over the fiscal cliff, a nasty double whammy of spending cuts and tax hikes that experts predict could usher in another crippling recession. But while Democrats defend […]
As the presidential candidates debate the fate of Medicare, it’s worth noting a very simple fact: Mitt Romney paid only 0.07% of his income in Medicare taxes in 2010. By comparison, the typical American worker paid 1.45% of his or her income in Medicare taxes plus an equal amount paid by the employer. In other […]
Recently, the Trustees of the Social Security and Medicare trust funds issued their annual report on the future of America’s entitlement programs. As usual, the news was bleak: Social Security is now expected to go bust in 2033, three years earlier than projected last year. In their report, the Trustees also issued a sober warning: […]
