Leo W. Gerard

President’s Perspective

Leo W. Gerard USW International President

The Terrible Fear of Paying the Poor Too Much

The Terrible Fear of Paying the Poor Too Much

Republicans in America suffer a crippling anxiety. It’s the terrible fear of corporations paying poor workers too much.

The GOP is so afraid that the nation’s lowest wage earners will get a raise that Republican politicians across the country are working overtime to outlaw wages above $7.25 an hour for these workers. 

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Economic Policy in a Post-Piketty World

Dean Baker

Dean Baker Co-Director, Author, Center for Economic and Policy Research

Economic Policy in a Post-Piketty World

Thomas Piketty's new book, Capital for the 21st Century, has done a remarkable job of focusing public attention on the growth of inequality in the last three decades and the risk that it will grow further in the decades ahead. Piketty's basic point on this issue is almost too simple for economists to understand: If the rate of return on wealth (r) is greater than the rate of growth (g), then wealth is likely to become ever more concentrated.

This raises the obvious question of what can be done to offset this tendency toward rising inequality? Piketty's answer is that we need a global wealth tax (GWT) to redistribute from the rich to everyone else. That is a reasonable solution if we're just working out the arithmetic in this story, but don't expect many politicians to be running on the GWT platform any time soon.

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The Populist Wave: Politics And Pitchforks

Robert Borosage

Robert Borosage Co-Director, Campaign for America's Future

Americans are in a surly mood, confronting rules they feel are rigged against them. President Barack Obama captured this populist temper in his re-election campaign. He then launched his second term declaring that inequality is the “most pressing challenge of our time,” and laying out a popular agenda to raise the federal minimum wage, provide pay equity for women, establish universal preschool and other initiatives that polls show the public strongly supports.

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Can Democrats Go Long?

Robert Kuttner

Robert Kuttner Co-Founder and Co-Editor, The American Prospect

Can Democrats Go Long?

For more than 30 years, the right has been throwing long passes. The Democrats, with some fine individual exceptions in the Senate and House, have been playing an incremental game, eking out gains of a few yards at a time and often being thrown for big losses.

Guess which side has been winning.

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Small Business Owners Supporting Raising the Minimum Wage

Small Business Owners Supporting Raising the Minimum Wage

Union Matters

Housing Meanness

Folks who find themselves rich — and getting richer — typically tend to react psychologically in one of two ways. They can either see themselves as incredibly fortunate or incredibly deserving.

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