A Tiny Bit Of Good News On Inequality Before It All Goes To Hell

The good news: our relatively strong economy helped to raise wages for everyone in 2016. The bad news: this is a mere blip in the context of overall inequality. And it’s likely to get worse. The Economic Policy Institute today released its annual report on the state of wages in America. Last year had some […]

Pelosi on Gorsuch: ‘A very hostile appointment’ – CNNPolitics.com

“Elections have ramifications, and here is a living, breathing example of it,” Pelosi said Tuesday night during a CNN town hall moderated by Jake Tapper. Pelosi cited Gorsuch’s rulings on health care, gun safety and environmental issues to explain her concerns. She said Senate Democrats — who only have 48 seats and have not yet […]

Doomsday Prep for the Super-Rich – The New Yorker

  An armed guard stands at the entrance of the Survival Condo Project, a former missile silo north of Wichita, Kansas, that has been converted into luxury apartments for people worried about the crackup of civilization.CreditPhotograph by Dan Winters for The New Yorker Barrier Status: ‘none’ Steve Huffman, the thirty-three-year-old co-founder and C.E.O. of Reddit, […]

Technology vs. the Middle Class – WSJ

There is a reason we live in a golden age of dystopian science fiction: Increasingly, it feels like it is coming true. From “The Hunger Games” to “Elysium,” stories depict a world in which the trend of growing wealth and income inequality continues to its logical conclusion. This narrative seems inevitable because it has occurred […]