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Bernstein: Inequality and Budget Deficits—Why Is Only the Latter an Emergency?

Source: Piketty and Saez, 2012, link in the blog.

"Inequality and Budget Deficits: Why Is Only the Latter an Emergency?" is a cross-post from Jared Bernstein's On the Economy blog. 

I just read two sweeping reports on the state of income inequality in the U.S. (the second link focuses on state-level inequality) and other advanced economies.  Perhaps it’s because I’ve been so ensconced in fiscal cliff discussions, but I was struck by how much more alarmed policymakers are by the budget deficit than by the inequality situation. There are reasons for that tilt—some good, some bad—but based on magnitudes of the problem, it’s far from clear that our current sole policy focus is warranted.

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Working Families Make #OurFirstStand in Defense of Health Care

Last weekend, working people from around the country rallied in defense of the Affordable Care Act, Medicare, Medicaid and other programs that provide health care to Americans. In opposition to proposed cuts from Washington, D.C., supporters of these programs spread news of the rallies using the #OurFirstStand hashtag. Here are highlights from the events.

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Workers Share Workplace Violence Stories, Win Commitment for Federal OSHA Standard

The Occupational Safety and Health Administration held a stakeholder meeting last week on preventing workplace violence in health care and social assistance— industries where nurses, social workers, emergency response workers, home care workers, psychiatric aides and others are on the front line.

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What if Betsy DeVos Were Your Boss?

What if Betsy DeVos Were Your Boss?

Betsy DeVos was nominated as secretary of education, and hearings for her nomination are currently underway. As reporters and pundits are examining DeVos' record, we thought it would be interesting to imagine what it would be like to actually work for DeVos. This is speculative fiction, of course, but based on the things she's said and done over the years (click on the link after each entry to read more about DeVos and that topic). But here's what we think it could be like to work for DeVos.

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At this Time of Challenge and Controversy, We Need Solidarity

At this Time of Challenge and Controversy, We Need Solidarity

“The ultimate measure of a man is not where he stands in moments of convenience and comfort, but where he stands at times of challenge and controversy.” — Dr. Martin Luther King Jr.
          

We’re coming off of an election that reminded us we still have considerable work ahead in the struggle for freedom and civil rights, and on Martin Luther King Jr. remembrance day, Dr. King’s quote is deeply relevant.

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Follow AFL-CIO Dr. Martin Luther King Jr. Civil and Human Rights Awards Ceremony on #1uMLK

Follow AFL-CIO Dr. Martin Luther King Jr. Civil and Human Rights Awards Ceremony on #1uMLK

Today, the AFL-CIO will be hosting the Dr. Martin Luther King Jr. Civil and Human Rights Awards Luncheon and Community Service Weekend. This year’s theme, “The Struggle Is Free, But the Dream Must Be Televised,” represents the constant battle for civil rights and justice that continues to plague our country. While the results of the election unveiled the sobering similarities with the civil rights movement, we still dream of the world Dr. King so eloquently described in his famous “I Have a Dream” speech. The labor movement will remain steadfast in our fight for civil, human and women’s rights, and to make justice a reality for everyone. We are the drum majors for justice and together we will honor the everyday heroes who are working tirelessly to improve jobs and achieve justice.

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Take Action

Tell Congress to Oppose Trump's Nominee for Labor Secretary

Donald Trump’s nominee for secretary of labor—fast food CEO Andrew Puzder—would be a disaster for working Americans. Tell your members of Congress to oppose him.

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