great recession | Change-Links

America’s Rich Are Getting Richer Even Faster Than You Thought

We have come, as a nation, almost full circle back to the deeply unequal America of the late 1920s. The future just keeps getting brighter for Americans with unique specialties. Randy Stearns has one such specialty: “home-tech integration.” Stearns helps people install and maintain high-tech gadgets. But we’re not talking “geek squad” and hooking up home networks here. We’re talking rich people — and electronic toys that can cost more than houses. [...]

When Wall Street Rules, We Get Wall Street Rules

When Wall Street Rules, We Get Wall Street Rules By Dean Baker Co-Director of the Center for Economic and Policy Research The middle class is getting whacked by the Great Recession. Fifteen million people are out of work, another 9 million workers can only find part-time jobs, and millions more have given up looking for work altogether. Those lucky enough to be employed are unlikely to see any substantial wage gains for [...]