Author Archives: William Spriggs

  • The Difficult Math of Inequality

    Thousands of fast food workers took to the streets this week, staging strikes in protest over their low pay. In states where the minimum wage has not been raised above the federal level, if a worker could put together a full-time, full-year schedule, she would earn just $15,080 a year. Some ...

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  • Inequality is now Mainstream

    Last week in New York, the Ford Foundation hosted a conference with the Organization for Economic Cooperation and Development (OECD) on "Changing the Conversation on Growth: Going Inclusive." Both are mainstream organizations, grounded in the elite consensus. Their public engagement ...

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  • An Economics Lesson on Deficit, Debt

    Republicans in the House of Representatives recently caved and allowed a simple vote on raising the debt limit of the United States. Their hand-wringing about the debt is disingenuous, but more importantly, it is part of a campaign to confuse America’s workers about the real deficit, ...

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  • Why Americans Have Grown to Hate Congress

    Congress has itself to blame for its low ratings among the American people. Policymaking is all about choices; it is the calculus of weighing costs and benefits and the distribution of those costs and benefits. In theory, there are lots of policies that can make everyone better off, but they ...

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  • The March Is On

    Last week, President Obama delivered an address, starting a dialogue on how the long path to America's current level of inequality has led us to the wrong place. The president said that Americans' frustration with Washington is "rooted in the nagging sense that no matter how hard ...

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  • U.S. Leads in Wealth, Contempt for the Poor

    The U.S. Gross Domestic Product (the value of all goods and services in the economy) figures show GDP per person is $53,211. That's per person, not per family. Those figures also show we annually spend $2,797 per person on food. That's $233 per person a month. After netting out imports, ...

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  • Boehner Scores Zero With Debt Ceiling Spat

    The current tracking of Congress' popularity shows that only 15 percent of Americans approve of the job Congress is doing. Now, House Speaker John Boehner (R-Ohio) struck another tone deaf moment at a political fundraiser in Idaho when he warned that when Congress returns in September, he ...

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