An editorial by The New York Times wherein the Board members justifiably lauded the President's focus on inequality which is genuinely laudable and important. Income inequality is a serious threat to the health and stability of society as a whole, which is a critically important public good. Timely, and well-written, well-argued opinion; good journalism.
President's focus goes beyond remedies such as increases in the minimum wage, as this type of remedy comes much too late in the game to be effective. The United States has large and growing segments of society that simply do not have the education, skills or cultural capital to effectively compete in today's economy. Therefore, these workers have little choice but to work in low paying jobs in the service industry, i.e., fast food and retail. Rather than focusing on the reality that ... More »
The issues that have obsessed Washington for the last few months — the government shutdown, the broken health care website, the unrelentingly bitter tone of a stalemated ... More »