Doomed to Lose? How America Continues to Trail China

The implications of the US government annually investing 90% less than the Chinese have in developing and manufacturing alternative energy technology has doomed America to lose the battle for the energy future. While we bemoan the loss of a $527 million federal loan...

A Roadmap to Job Creation 2.0

John Fullerton, a friend and the founder of The Capital Institute, celebrated Labor Day with some thoughtful ways to create more jobs – now. Here’s the challenge we face as defined by Fullerton: “To create 7 to 10 million net new jobs in the United States over the...

Of the 99%, By the 99%, For the 99%

With every piece of legislation, every political decision, every empty campaign promise, we have moved further and further away from a democracy benefitting all Americans and closer to an oligarchy serving very few Americans – the 1%. It’s a dangerous development that...

Can the Middle Class Be Saved?

In September, Don Peck, writing in The Atlantic, provided an exceptionally thoughtful and detailed analysis of the fate of the middle class. What has contributed to its emergence as the economic and political foundation of American life? What has transpired to put its...

Birthdays Are Big – So is Poverty

Contrast this. This August, financier Leon D. Black celebrated his 60th with a blowout at his oceanfront estate in Southampton. After a buffet dinner featuring a seared foie gras station, some 200 guests took in a show by Elton John, who was paid at least $1 million...

Forget the Minimum Wage

Any business that considers itself responsible and sustainable must pay its employees a living wage. Not a minimum wage – a living wage. In many American communities, families working in low-wage jobs make insufficient income to live locally given the local cost of...