Tag Archives: Great Recession

Our Growing Wealth Gap




By GREGORY N. HEIRES The evidence keeps coming in that the economic recovery has benefited the affluent while leaving behind the rest of us. Maybe it’s time to acknowledge that we live in a plutocracy. The country’s wealth gap between … Continue reading






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Municipalities Face Obstacles as They Seek to Address Inequality




By GREGORY N. HEIRES Rising inequality is a permanent fixture of our economy. That bleak assessment of our economic landscape is one of the troubling conclusions of a new report by the United States Conference of Mayors. “Unless policies are … Continue reading






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Book Review: When Government Helped




By GREGORY N. HEIRES The New Deal era beginning in the 1930s set up the government structure we enjoy today. But ever since, conservatives have waged a protected war on “Big Government.” The assault on government deepened with the presidency … Continue reading






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The Lost Decade




By GREGORY N. HEIRES When working families look back at the early years of the turn of the century, they will undoubtedly remember the period as a lost decade. The vast majority of Americans are walking in place—even falling down—as … Continue reading






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As Inequality Skyrockets, CEOs Enjoy Excessive Compensation for Poor Performance




Corporate boards justify the lavish salary and benefits they bestow upon their CEOs by saying the compensation reflects the job market. You want strong profits? You have to pay for it. Well, it seems corporate boards often aren’t doing well … Continue reading






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Wealth and the Racial Divide




By GREGORY N. HEIRES Racial disparities in the accumulation of wealth worsened during the Great Recession. The 2007-09 recession hit Latinos and blacks harder than whites, exacerbating the vast wealth inequality that already existed in the United States before the … Continue reading






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