Over at WaPo. Actually, the Census income and poverty results for 2014–poverty was unchanged from 2013 and remains elevated at 14.8% and real median household income was also flat–seem a bit too pessimistic to me given what we know about jobs and wages in 2014 so I focused more on longer term trends. Another reason… Read more
I participated in this panel at the Aspen Inst. the other day on the freelance/gig/sharing/1099/on-demand economy…or whatever you want to call it. I had a lot to say about it as did other with lots of varied experiences. Check it out.
This new National Labor Relations Board decision looks important and potentially very positive for low-wage workers facing a huge bargaining-power deficit with their employers. The Board’s decision held that workers hired by a contractor–Leadpoint in this case–were jointly employed by both the contractor and the contracting company, Browning-Ferris Industries (BFI). From the NLRB: …the Board… Read more
One of the more important pictures of inequality is the one you see here showing the growing gap between productivity growth and some version of the pay or income of the median worker or family. Larry Mishel and I noted the divergence beginning the early 1990s, recognizing it as a symptom of growing inequality. Over at… Read more
I recently touted the benefits of a financial transaction tax (FTT), and in the intro, I made a comment about how our tax code is titled toward the wealthy. Chris Edwards very reasonably takes issue, correctly noting that our federal tax code is, in fact, quite progressive, meaning that low-income households face a much lower… Read more