According to a new study from the Brookings Institute, wealthy Americans are living considerably longer lives than Americans who are struggling with poverty. The report points out that the by the age of 55, the average American man in the top10 percent of the income bracket can expect to live another 35 years or so. But, by the age of 55, the average man in the bottom 10 percent of the country's income bracket only has around 24 years left to live.
Ever heard of geocentrism? It’s the belief that the Earth is at the center of the universe and that the sun - and everything else in creation - revolves around the Earth. It’s considered pretty stupid right now, given that Galileo, Copernicus and Kepler debunked it over 500 years ago. Nevertheless, stupid ideas can take on a new life if some idiot puts enough money behind them.
Conservatives are scared straight by a Frenchman. French economist Thomas Piketty has released his newest book, Capital in the 21st Century, and it’s got Conservatives all up in arms. Piketty’s book delves deep into t
This past Sunday was the fourth anniversary of the BP oil disaster in the Gulf of Mexico. Despite what we've heard from BP, the wildlife, the environment, and the residents of the Gulf are still dealing with the effects of that massive oil spill.
Last year, median CEO pay jumped to $10.5 million dollars – an increase of about 13 percent. However, most workers didn't see their paychecks go up by a single dime. According to an analysis by USA Today, corporate executives scored huge pay bumps thanks to big gains in the stock market. But, earnings for average workers stayed pretty much stagnant – only increasing 1.4 percent in all of 2012.
We are all lab rats in one giant, toxic, and deadly experiment. The Environmental Defense Fund has released a new report, titled Toxics Across America, which looks at the billions of pounds of toxic and potentially deadly chemicals that are currently in the American marketplace. The report lo
There’s nothing “normal” about having a middle class.
The United States could be at the forefront of creating a global green economy that runs on renewable energy.
Washington politicians don't give a damn about you or me. They only answer to billionaires and giant corporations.
The wealth gap today is as bad as it was in the 1920s. New research from economists Emmanual Saez and Gabriel Zucman shows that those at the very top hold more of the wealth than at any time since 1928. In fact, only the super-wealthy, the top tenth of the top one percent, have seen huge gains in assets over the last three decades.
It’s time to kick the bums out of office. Right now, millions of Americans across 23 states are uninsured, because their Republican lawmakers have refused to expand Medicaid under Obamacare. As a result, they fall into the “Red State Donut Hole,” that was drilled into Obamacare by Supreme Cou
As it becomes increasingly obvious that global warming is entering doomsday scenario territory, the fossil fuel industry is ramping up the propaganda war. Last week, the so-called Nongovernmental International Panel on Climate
It was the best of times, it was the worst of times…I want to tell you a tale of two countries, Country A and Country B. Country A has extraordinary wealth.
This week, government officials and climate scientists from all over the world are meeting in Berlin, Germany, to finalize a U.N.
Three decades of Reaganomics has left half of our entire nation in poverty. Thanks to economic policies that only benefit the one percent, nearly one fifth of all Americans live below the federal poverty line, and another 32 percent are officially low-income. And, those statistics would be even worse if we weren't using an economic measure that is stuck in the 1950s.
Executives at General Motors have answered the age-old question of how much is a life worth.
Charles H. Keating Jr., one of the most notorious fraudsters in American history, died yesterday at the age of 90.
It’s easier to get into Harvard than Wal-Mart. During the 2014 admissions process, Harvard University accepted 5.9% of freshmen who applied to that school.
Our public officials, elected representatives, and business leaders could all be guilty of crimes against humanity.
All around the world, people are talking about a basic minimum income, and what they're saying makes a lot of economic sense. Regardless of whether you want to fight poverty, stimulate the economy, shrink the size of government, or simply ensure everyone has a sense of human dignity – you should be calling for a no-strings-attached basic income for all.