During the depths of the recession in 2009, as millions of Americans lost their jobs, homes and life savings, the highest-paid earners in the United States saw their average incomes increase from $91.8 million in 2008 to a mind…
In an academic study, the vast majority of Americans across the political, gender and wealth spectrum displayed a markedly skewed understanding of how America’s money is divided.
Continue reading Do Most Americ…
In American public life, it’s hard to escape popular appeals about the virtues of the middle class. Yet a growing cadre of analysts are concerned about the steady erosion of the middle class and the industrial base that created…
The federal government today passed a bill designed to spur small-business lending by providing financial incentives to banks that make loans to smaller companies, marking a victory for President Barack Obama and his attempt to…