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. Randy Stearns offers “24/7 white glove” service for clients who typically pay between $150,000 and $450,000 per [...]

By |2013-10-09T01:42:52-05:00October 9th, 2013|Economy, News|0 Comments

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 years to come. Millions of homeowners are facing the loss of their home and more [...]

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