Income Inequality - Business Exchange Most Active Articles 2009-11-24T04:54:35.579-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:income-inequality Bruce Judson bjudson427 Income Inequality Threatens America’s Basic Economic and Political Systems urn:com:businessweek:bx:article:14762680924660044300-e0c44380389bc6b63ae25f8b7d959758 2009-10-29T17:45:20.177-04:00 Income Inequality Threatens America’s Basic Economic and Political Systems by Bruce Judson on October 29th, 2009 To mark the 80th Anniversary of the Great Crash of ‘29, Lynn Parramore, the editor of the New Deal 2.0 Blog at the Roosevelt Institute... Income Inequality Threatens America’s Basic Economic and Political Systems by Bruce Judson on October 29th, 2009 To mark the 80th Anniversary of the Great Crash of ‘29, Lynn Parramore, the editor of the New Deal 2.0 Blog at the Roosevelt Institute... itcouldhappenhere.com http://itcouldhappenhere.com/blog/inequality-basic-economic-and-political-systems/ Bruce Judson bjudson427 7 7 0 0 Foreclosures Hit the Unemployed Middle Class | Newsweek Business urn:com:businessweek:bx:article:12998575603480831201-77180dded48a70869af964e0606f8573 2009-10-29T21:55:20.907-04:00 The foreclosure crisis may be coming to a middle-class neighborhood near you. As joblessness continues to rise and as a person'sunemployment lasts on average 6.5 months, roughly 3.4 million homes are expected to go into foreclosure by the end of... The foreclosure crisis may be coming to a middle-class neighborhood near you. As joblessness continues to rise and as a person'sunemployment lasts on average 6.5 months, roughly 3.4 million homes are expected to go into foreclosure by the end of... newsweek.com http://www.newsweek.com/id/220080 Bruce Judson bjudson427 4 4 0 0 A Chilling Moment on NPR: Will Economic Inequality Lead to Terrorism? urn:com:businessweek:bx:article:7566007922216086013-8cfca0f3b2c05645605c331869879181 2009-10-20T17:39:44.166-04:00 It Could Happen Here was the subject of a 45-minute segment of Tom Asbrook’s OnPoint, which airs nationally on NPR. To demonstrate, how inequality can divide a nation, It Could Happen Here, which is a nonfiction book, opens with a fictional scenario... It Could Happen Here was the subject of a 45-minute segment of Tom Asbrook’s OnPoint, which airs nationally on NPR. To demonstrate, how inequality can divide a nation, It Could Happen Here, which is a nonfiction book, opens with a fictional scenario... itcouldhappenhere.com http://itcouldhappenhere.com/blog/a-chilling-moment-on-npr-terrorism-and-inequality/ Bruce Judson bjudson427 1 1 0 0 Income Gap Separating Wealthy From Middle And Lower Class Virtually Unchanged In The State urn:com:businessweek:bx:article:7235404144205518613-9cd145f413257d423e8ca25645fd5b5b 2009-10-06T10:28:45.736-04:00 Defying predictions that the recession would help level the economic playing field, the huge income gap separating the state's wealthiest residents and the middle and lower classes surprised experts by remaining virtually unchanged from 2007 to... Defying predictions that the recession would help level the economic playing field, the huge income gap separating the state's wealthiest residents and the middle and lower classes surprised experts by remaining virtually unchanged from 2007 to... courant.com http://www.courant.com/news/connecticut/hc-census-disparity-1006.artoct06,0,5151208.story Bruce Judson bjudson427 6 6 0 0 New Income Inequality Data: Surprising and Frightening urn:com:businessweek:bx:article:2701102643467744556-00c0619b0d0416aa5636bf68769ee4b4 2009-09-29T22:12:31.119-04:00 New Income Inequality Data: Surprising and Frightening by Bruce Judson on September 29th, 2009 The newest economic inequality numbers, which ran counter to the expectations of almost all experts, are frightening. Yesterday, the Associated Press... New Income Inequality Data: Surprising and Frightening by Bruce Judson on September 29th, 2009 The newest economic inequality numbers, which ran counter to the expectations of almost all experts, are frightening. Yesterday, the Associated Press... itcouldhappenhere.com http://itcouldhappenhere.com/blog/frightening/ Bruce Judson bjudson427 4 4 0 0 Economic Inequality: The Wall Street Journal is Just Wrong urn:com:businessweek:bx:article:216662497312444902-29fbf4e99a1936e029379cd07827aa47 2009-09-14T22:37:40.459-04:00 Economic Inequality: The Wall Street Journal is Just Wrong by Bruce Judson on September 14th, 2009 For anyone with even a passing familiarity with issues associated with economic inequality, The Wall Street Journal front page story last week was... Economic Inequality: The Wall Street Journal is Just Wrong by Bruce Judson on September 14th, 2009 For anyone with even a passing familiarity with issues associated with economic inequality, The Wall Street Journal front page story last week was... itcouldhappenhere.com http://itcouldhappenhere.com/blog/wsjiswrong/ Bruce Judson bjudson427 1 1 0 0 The Vanishing Middle Class, Part 1: What Is 'Middle Class?' urn:com:businessweek:bx:article:1821311536390166677-a7822257598c7236f0c718d24a56e121 2008-12-17T02:53:22.182-05:00 For years now, there has been growing concern about the so-called middle-class squeeze. Some people talk about middle-class malaise or the middle-class blues. But whatever you call it, there is little doubt that these are anxious times for millions of Americans. WBUR's Anthony Brooks visited several middle-income families in New England to learn about the increasing pressures they are facing in a faltering economy. We begin a four-part series on the vanishing middle class. For years now, there has been growing concern about the so-called middle-class squeeze. Some people talk about middle-class malaise or the middle-class blues. But whatever you call it, there is little doubt that these are anxious times for millions of Americans. WBUR's Anthony Brooks visited several middle-income families in New England to learn about the increasing pressures they are facing in a faltering economy. We begin a four-part series on the vanishing middle class. wbur.org http://www.wbur.org/news/2008/82019_20081216.asp Bruce Judson bjudson427 34 33 1 0 Mandated health Coverage Sweezes the Middle urn:com:businessweek:bx:article:9817666277935797376-bd031f41783a817b71b5b031fa2db9ea 2009-09-16T01:52:13.633-04:00 online.wsj.com http://online.wsj.com/article/SB125304790936413347.html Bruce Judson bjudson427 0 0 0 0 A special report on the rich: Hard times for the rich | Easier for a camel urn:com:businessweek:bx:article:14500901680452634562-28bebc456c65b8698e0189425d2a8103 2009-04-18T20:29:16.335-04:00 A special report on the rich Easier for a camel Apr 2nd 2009 From The Economist print edition After decades of prospering mightily, the wealthy may now be in for an extended period of austerity, says Philip Coggan (interviewed here) Illustration by... A special report on the rich Easier for a camel Apr 2nd 2009 From The Economist print edition After decades of prospering mightily, the wealthy may now be in for an extended period of austerity, says Philip Coggan (interviewed here) Illustration by... economist.com http://www.economist.com/specialreports/displayStory.cfm?story_id=13356686 Nazila Mathari nmathari336 13 13 0 0 As a Foreclosure Judge, Arthur Schack Tosses Out Cases, Brooklyn Style urn:com:businessweek:bx:article:1221445458070218085-19943e69f892595c7f382a10f84b9f34 2009-08-31T02:01:55.069-04:00 The judge waves you into his chambers in the State Supreme Court building in Brooklyn, past the caveat taped to his wall — “Be sure brain in gear before engaging mouth” — and into his inner office, where foreclosure motions are piled high enough to... The judge waves you into his chambers in the State Supreme Court building in Brooklyn, past the caveat taped to his wall — “Be sure brain in gear before engaging mouth” — and into his inner office, where foreclosure motions are piled high enough to... New York Times http://www.nytimes.com/2009/08/31/nyregion/31judge.html?hp=&pagewanted=all Bruce Judson bjudson427 0 0 0 0 Many of the pundits attacking government health insurance rely on government health insurance for their own families. - By Daniel Gross urn:com:businessweek:bx:article:16493947182826343217-3fc53e9e808812e03b4cf1e03f63099d 2009-08-30T22:17:36.732-04:00 Commentary about business and finance. Health Care HypocrisyMany of the pundits attacking government health insurance rely on government health insurance for their own families.By Daniel GrossPosted Wednesday, Aug. 19, 2009, at 9:46 AM ET Dick... Commentary about business and finance. Health Care HypocrisyMany of the pundits attacking government health insurance rely on government health insurance for their own families.By Daniel GrossPosted Wednesday, Aug. 19, 2009, at 9:46 AM ET Dick... Slate Magazine http://www.slate.com/id/2225664/?from=rss Bruce Judson bjudson427 0 0 0 0 Rich Haven’t Gained a Bigger Piece of Wealth Pie urn:com:businessweek:bx:article:15396789143919824053-2f3f34893728e52b08c66739ddf6bf26 2009-04-15T09:02:03.130-04:00 Conventional wisdom holds that the rich have gained a much bigger slice of the national wealth pie over the past decade. They got richer; everyone else didn’t. Conventional wisdom holds that the rich have gained a much bigger slice of the national wealth pie over the past decade. They got richer; everyone else didn’t. blogs.wsj.com http://blogs.wsj.com/wealth/2009/04/14/rich-havent-gained-a-bigger-piece-of-wealth-pie/ Charles Dubow cdubow602 9 9 0 0 Citi in $100 Million BonusPay Clash urn:com:businessweek:bx:article:9302710804112948858-f86e9d6fdc37dc839a3104541cd114b2 2009-07-31T19:39:06.688-04:00 Energy trader and his team seek a $100 million annual bonus from Citibank. Energy trader and his team seek a $100 million annual bonus from Citibank. online.wsj.com http://online.wsj.com/article/SB124848894204180877.html Bruce Judson bjudson427 1 1 0 0 What rebound? Foreclosures rise as jobs and income drop urn:com:businessweek:bx:article:12100404652047369401-0ead9686501b9ae4e072444ae903f5a9 2009-08-20T21:16:03.549-04:00 By Kevin G. Hall | McClatchy Newspapers WASHINGTON — Delinquency and foreclosure rates for U.S. mortgages continued to rise in the second quarter, with loans to the most qualified borrowers going bust at an unnerving clip, especially in hard-hit... By Kevin G. Hall | McClatchy Newspapers WASHINGTON — Delinquency and foreclosure rates for U.S. mortgages continued to rise in the second quarter, with loans to the most qualified borrowers going bust at an unnerving clip, especially in hard-hit... mcclatchydc.com http://www.mcclatchydc.com/homepage/story/74106.html Bruce Judson bjudson427 0 0 0 0 The Two-Track Economy: Inequality Emerging From Today’s Recession - Economix Blog urn:com:businessweek:bx:article:18288592281326029206-34d54f50b55d4e22d20a1c1c88e05459 2009-08-20T20:14:01.862-04:00 Simon Johnson, a professor of entrepreneurship at M.I.T.’s Sloan School of Management, is the former chief economist at the International Monetary Fund. The quick way to talk about how any economy is doing is in terms of “growth.” This is just what... Simon Johnson, a professor of entrepreneurship at M.I.T.’s Sloan School of Management, is the former chief economist at the International Monetary Fund. The quick way to talk about how any economy is doing is in terms of “growth.” This is just what... Economix http://economix.blogs.nytimes.com/2009/08/20/the-two-track-economy-inequality-emerging-from-todays-recession/ Bruce Judson bjudson427 0 0 0 0 Pay of Top Earners Erodes Social Security urn:com:businessweek:bx:article:4530876378808388422-1c88f58ba518e009764fc4afb3e1871c 2009-07-28T10:45:42.357-04:00 Executives and other highly compensated employees now receive more than one-third of all pay in the U.S., according to a Wall Street Journal analysis of Social Security Administration data -- without counting billions of dollars more in pay that remains off federal radar screens that measure wages and salaries. Highly paid employees received nearly $2.1 trillion of the $6.4 trillion in total U.S. pay in 2007, the latest figures available. Executives and other highly compensated employees now receive more than one-third of all pay in the U.S., according to a Wall Street Journal analysis of Social Security Administration data -- without counting billions of dollars more in pay that remains off federal radar screens that measure wages and salaries. Highly paid employees received nearly $2.1 trillion of the $6.4 trillion in total U.S. pay in 2007, the latest figures available. ECHIDNE OF THE SNAKES http://online.wsj.com/article/SB124813343694466841.html Theo Francis tfrancis455 1 1 0 0 Has Rising Inequality Destroyed The Middle Class? urn:com:businessweek:bx:article:15304819537348177272-60276be9112628564f7e0b66bf9d3fb6 2009-06-03T17:43:41.906-04:00 Money's disappearing act mostly at the top. Money's disappearing act mostly at the top. Forbes.com http://www.forbes.com/2009/06/02/middle-class-income-inequality-technology-opinions-columnists-taxes.html?partner=links Greg Spielberg gspielberg754 4 3 0 1 THE VANISHING CLASS urn:com:businessweek:bx:article:18316821138287177602-366e6c3a60e37a8837984d4c5d5c82ce 2009-08-07T00:13:25.597-04:00 Last updated: 7:35 pm July 11, 2009 Posted: 7:32 pm July 11, 2009 America's middle class is disappearing. The very Americans the Obama administration is hoping will lift the economy out of recession are facing epic challenges. NEW YORK CITY'S MIDDLE... Last updated: 7:35 pm July 11, 2009 Posted: 7:32 pm July 11, 2009 America's middle class is disappearing. The very Americans the Obama administration is hoping will lift the economy out of recession are facing epic challenges. NEW YORK CITY'S MIDDLE... nypost.com http://www.nypost.com/seven/07112009/business/the_vanishing_class_178755.htm Bruce Judson bjudson427 1 1 0 0 Inequality makes us ill. And depressed. And violent urn:com:businessweek:bx:article:9451509859893884897-63c61dbc438e21a7eee5379856e7915d 2009-05-16T04:21:00.000-04:00 a more steeply hierarchical society, so they, too, fare worse than in more equal societies. This link from income inequality to status anxiety seems plausible, but it's not really explored in the book, and I suspect that it varies from context to a more steeply hierarchical society, so they, too, fare worse than in more equal societies. This link from income inequality to status anxiety seems plausible, but it's not really explored in the book, and I suspect that it varies from context to Globe and Mail http://c.moreover.com/click/here.pl?r1981802303&f=9791 7 6 1 0 Gregory Clark -- As Economic Disparity Grows, Higher Taxes May Be Only Solution urn:com:businessweek:bx:article:10899898147946586113-7b87a813be5b0e881093a00421599263 2009-08-08T21:40:38.363-04:00 Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Washington Post http://www.washingtonpost.com/wp-dyn/content/article/2009/08/07/AR2009080702043.html Bruce Judson bjudson427 0 0 0 0 Will America's besieged Middle Class Snap urn:com:businessweek:bx:article:17281323300409596426-5ea5757d234fe84e8598e82e4e423991 2009-08-07T19:35:29.681-04:00 Discussion base don several articles of the state of the middle class and current policy efforts. Discussion base don several articles of the state of the middle class and current policy efforts. nakedcapitalism.com http://www.nakedcapitalism.com/2009/06/will-americas-besieged-middle-class.html Bruce Judson bjudson427 0 0 0 0 Krugman Op-Ed- Rewarding Bad Actors urn:com:businessweek:bx:article:14435256100979653598-bccdd1ea5b8c556c6884bd696b064dbb 2009-08-07T13:05:46.051-04:00 Americans are angry at Wall Street, and rightly so. First the financial industry plunged us into economic crisis, then it was bailed out at taxpayer expense. And now, with the economy still deeply depressed, the industry is paying itself gigantic... Americans are angry at Wall Street, and rightly so. First the financial industry plunged us into economic crisis, then it was bailed out at taxpayer expense. And now, with the economy still deeply depressed, the industry is paying itself gigantic... New York Times http://www.nytimes.com/2009/08/03/opinion/03krugman.html?_r=1 Bruce Judson bjudson427 0 0 0 0 Will Obama’s plans help the middle class? urn:com:businessweek:bx:article:13178977060762800733-063c9982098bacaa538b062dad34dba9 2009-01-05T00:06:27.625-05:00 America remains a “yes, we can” kind of nation, but the aspirations of the vast middle class are under strain – enough to be the subject of a presidential task force. President-elect Obama made it official earlier this week. Come January, a key job... America remains a “yes, we can” kind of nation, but the aspirations of the vast middle class are under strain – enough to be the subject of a presidential task force. President-elect Obama made it official earlier this week. Come January, a key job... features.csmonitor.com http://features.csmonitor.com/politics/2008/12/24/will-obama%E2%80%99s-plans-help-the-middle-class/ Bruce Judson bjudson427 10 7 3 0 Citigroup Is Said to Be Raising Pay for Workers urn:com:businessweek:bx:article:3566552924485319333-61d49d26ec566118de1bbaa600c45bb0 2009-07-31T19:34:44.428-04:00 The troubled banking giant, which to many symbolizes the troubles in the nation’s financial industry, intends to raise workers’ base salaries by as much as 50 percent this year to offset smaller annual bonuses, according to people with direct... The troubled banking giant, which to many symbolizes the troubles in the nation’s financial industry, intends to raise workers’ base salaries by as much as 50 percent this year to offset smaller annual bonuses, according to people with direct... New York Times http://www.nytimes.com/2009/06/24/business/24citigroup.html?fta=y Bruce Judson bjudson427 0 0 0 0 In Search of Help for the First Time? - City Room Blog urn:com:businessweek:bx:article:15409106548301712982-52dbe7399de2aba338f8243b9fdc1d4f 2009-07-31T19:29:14.335-04:00 Have you or someone you know considered seeking help from the government, a nonprofit group, a synagogue, a church, a shelter? Where do I go to apply for food stamps? Am I eligible for government help with utilities and rent? Even welfare? Have you or someone you know considered seeking help from the government, a nonprofit group, a synagogue, a church, a shelter? Where do I go to apply for food stamps? Am I eligible for government help with utilities and rent? Even welfare? cityroom.blogs.nytimes.com http://cityroom.blogs.nytimes.com/2009/07/27/in-search-of-help-for-the-first-time/?hp Bruce Judson bjudson427 0 0 0 0