A project of the
Institute for Policy Studies

‘Tis the Season to Shop Tiffany’s

Retail sales are up this holiday season in the top 1 percent plutonomy, but down in the realonomy where the other 99 percent live. And it’s not just the poor who are struggling. Even high-income, college-educated professionals have seen no income growth in over a dozen years.

The Greek Debt Crisis: What’s Going on in Europe?

As the economic news in the United States gets worse and worse every week, a lot of Americans are saying “at least we’re not Europe.”  To read the press accounts, it sounds like Greece is plunging Europe into a second Great Depression.  Greece is having trouble paying its debts, and many people are worried that […]

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