Tag Archives: pensions

Top 100 CEO Nest Eggs Worth Savings of 51 Million Families




By GREGORY N. HEIRES As traditional pensions disappear and millions of Americans worry about being unable to enjoy a comfortable retirement, the typical CEO has a nest egg of nearly $49.3 million. The largest 100 CE0 retirement packages were worth … Continue reading






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Corporate Fat Cats Become the Nation’s Richest “Government Employees” by Leaching Off Taxpayers




By GREGORY N. HEIRES Budget hawks squawk about bloated bureaucracies and excessively paid public employees to justify their calls for slashing government services. In recent years, their drumbeat about government waste has contributed to a political climate that has allowed … Continue reading






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Inequality Gone Wild




By GREGORY N. HEIRES We have a winner-take-all global economy, a malady that undermines democracy, distorts economic development and fuels inequality. Timed to coincide with the meeting of the global economic elite at the World Economic Forum in Davos, Switzerland, … Continue reading






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A Call for an Economic Bill for the 21st Century




By GREGORY N. HEIRES Nearly 70 years after President Franklin D. Roosevelt proposed that everyone has the right to a job with decent wage, his message continues to ring true. The economy of the 21st century remains mired in what … Continue reading






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Can Unions Prevent Austerity from Killing Off the Middle Class?




By GREGORY N. HEIRES The AFL-CIO promises a wide-ranging and open discussion about the future of the labor movement at its convention in September. With private-sector union representation approaching 5 percent of the labor force and public employee unions targeted … Continue reading






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Eliminating the Payroll Tax Cap Would Guarantee the Solvency of Social Security




By GREGORY N. HEIRES As President Barack Obama looks to strike a “grand bargain” on the deficit by July, Social Security is being targeted for cuts. But the alarm over the system’s supposed weak fiscal health is more about deficit … Continue reading






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Europe’s Austerity is a Warning to the United States




By GREGORY N. HEIRES With deep cutbacks in government spending looming and conservatives pushing for reduced expenditures on Social Security and Medicare, the United States need only look across the Atlantic Ocean to consider the consequences. Three years of austerity … Continue reading






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CEOs Want You to Work Longer to Receive Social Security




By GREGORY N. HEIRES The people atop the economic pyramid of our grossly inequitable society now want to make ordinary Americans work longer until they can retire. The Business Roundtable, which speaks for the CEOs of major corporations, is pushing … Continue reading






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