Tag Archives: retirement

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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An Economic Recovery for the 1 Percent




By GREGORY N. HEIRES The evidence just keeps coming in: The country’s economic elites are the only ones who have benefited from the so-called economic recovery. The triennial Survey of Consumer Finances by the Federal Reserve Board, released this month, … Continue reading






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Outgoing NYC Mayor Joins the Pension Scare Mongers




By GREGORY N. HEIRES Outgoing New York City Mayor Michael R. Bloomberg added his voice to the nationwide attack on public-employee pensions as he prepared to end his 12-years in office. In his last major public policy speech, he put … Continue reading






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Obama, de Blasio, Fast-Food Workers and the Challenge of Inequality




By GREGORY N. HEIRES The day after President Obama described inequality as the “defining challenge of our times,” fast-food workers walked off the job in 100 cities across the country, demanding to be paid $15 an hour and the right … 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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Expand–Don’t Cut–Social Security




By GREGORY N. HEIRES With a growing acceptance that millions of Americans will face a retirement crisis, the deficit hawks’ call for cutting Social Security is losing credibility. As the federal deficit continues to fall and the baby-boom generation enters … 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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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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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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You will Receive Less if a Technical Change to Determine Social Security Benefits is Adopted




This article (http://www.dailykos.com/story/2013/02/18/1188129/-You-will-Receive-Less-if-a-Technical-Change-to-Determine-Social-Security-Benefits-is-Adopted?showAll=yes) was first published at the Daily Kos on February, 18, 2013. By GREGORY N. HEIRES As deficit talks resume in the coming months, Social Security will once again likely be targeted for cuts. One of the more … Continue reading






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