Salvatore Babones: Inequality and Growth
The inequality and growth debate is a red herring. It just doesn’t matter. The problem is inequality, and its solution is simple.
Tag Archives: worker compensation
Salvatore Babones: Why Are Luxury Car Sales Growing at Record Rates — In a Recession?
How can sales of super-luxury cars grow at super-fast rates during a recession? The answer is simple: it’s not a recession for everyone.
Salvatore Babones: Inequality, Greed, and the Demise of our Better Natures
Greed is not good, and high inequality is making all of us greedier than we should, or could, be.
Salvatore Babones: Women’s Wages Can No Longer Rescue the American Family
For the past forty years American men’s incomes have stagnated, but women’s wages have risen. Unfortunately, the years of catch-up are now over. We need policies to raise wages for everyone.
Salvatore Babones: Why the Jobless Recovery?
Economists will give you all sorts of answers based on technical factors, but in the end it all comes down to one word: inequality.
Salvatore Babones: When Did America Give Up on Progress?
It’s not popular today to stand up for the poor, the homeless, the addicted, or the imprisoned. But progress means progress for everyone. There’s no such thing as progress for a few.
Salvatore Babones: The Invisible Recession: How Forty Years of Stagnant Incomes Got Lost in the Shuffle
Would it be such a terrible thing if fast food workers got a twenty percent raise this year while executives took a pay cut? It’s not our economy that needs rethinking; it’s our ethics.
Salvatore Babones: Federal Workers Should Not Have to Pay for the Social Security Tax Cuts
Federal workers have it hard enough without Congress playing politics with their paychecks and pensions.
Salvatore Babones: Outrageous Bonuses for Federal Workers
When we see outrageous bonuses for federal workers in good times, it’ll be fair to freeze their pay in bad times.
Salvatore Babones: Job Churning, Job Creation, and the Reregulation of America’s Realonomy
Twenty million Americans need jobs. Government regulation and government employment are key to putting them back to work. We must reregulate the realonomy.