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More than 400 millionaires and billionaires have signed a letter urging Congressional Republicans not to cut their taxes. The letter, organized by the nonprofits United for a Fair Economy and Voices for Progress, urges Congress not to pass a tax bill that “further exacerbates inequality.” The letter claims that the bills working their way through…
“Inequality For All,” a new documentary film premiering this week at the Sundance Film Festival does for economic inequality what “An Inconvenient Truth” did for climate change. While “An Inconvenient Truth” had Al Gore expounding on the causes and effects of global warming, this new movie has former labor secretary and current UC Berkeley professor…
Sometimes the biggest news isn’t found in a hot new scoop, but in a recapitulation of a string of things you knew about but hadn’t put together already—or in little details that flesh out a trend you’d heard about, showing you how fast it’s building up. An example of the first: Former labor secretary Robert…
The Wall Street Journal reports that Stanley Fischer, governor of the Bank of Israel, is examining a formal bid to head the International Monetary Fund, said an official familiar with his thinking, and figures he has an outside shot at the job if there is a deadlock in the voting. Mr. Fischer, a former deputy…
The buzzword is enthusiasm this midterm election season. In the Wall Street Journal in early August, Robert Reich wrote about “The Obama Agenda and the Enthusiasm Gap.” By month’s end, the New York Times editorialized about “The Wrong Kind of Enthusiasm.” Across the political spectrum – and borne out in primary turnout numbers this summer…
