The Obama Report Card: What Grade Would You Give Him?

When Barack Obama ran for president in 2008 and 2012, he didn’t just run on hope and change. He made hundreds of promises, everything from changing the way CEOs are taxed to allowing Americans to buy prescription drugs abroad. Those and scores more didn’t happen. And he hasn’t really addressed some of the key issues that will […]

Reform Is Not Enough to Stem the Rising Tide of Inequality Worldwide

We are nearing 2016, the year when the richest 1 percent of humanity will own more than the rest of the world, according to projections made by thenongovernmental organization Oxfam. This is up from the 1 percent owning 44 percent of the world’s wealth in 2010 and 48 percent in 2014. If current trends continue, […]

The Mystery of the Vanishing Pay Raise

AMID the global economic turmoil and seesawing markets, millions of Americans have one overriding question: When will my pay increase arrive? The nation’s unemployment rate has fallen substantially since the end of the Great Recession, sliding to 5.1 percent from 10 percent in 2009, but wages haven’t accelerated upward, as many had expected. In fact, […]

What Happened to Working Women?

Japan now has a higher proportion of working women than we do. I’m trying to get my head around this fact. “Everyone else is continuing to rise and we’ve declined, and now we’re basically tied with Japan. And Japan’s on the upswing and we’re still going down,” said Jason Furman, chairman of President Obama’s Council […]