Workers & Economic Inequality

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Reducing the Deficit by Eliminating Wasteful Spending in the Tax Code

Testimony of Century Fellow Edward D. Kleinbard before the U.S. Senate Committee on the Budget. Kleinbard offers suggestions for raising new revenue and making the tax code more progressive by replacing itemized deductions with a 15% tax credit.

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Tags: testimony, tax reform, tax expenditures, tax breaks, kleinbard, budget

Go Slow on Natural Gas Exports

Image via Shutterstock

A hot lobbying battle is shaping up over government permits for natural gas exports. The energy industry, oil- and shale-patch congressmen from both parties, and most economists are pressing for a policy of unrestricted exports. Now, a group of large industrial companies, led by Dow Chemical and Nucor, are attempting to stem this legislative momentum, and for good reason. If we put aside the environmental pros and cons of shale and focus strictly on the economics, progressives have a real stake in seeing that the industry doesn’t get its way. To understand why, here is some background.

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Tags: oil, infrastructure, gas, fracking, export, energy, charles morris

A Civil Right to Organize

The Poverty & Race Research Action Council recently organized a forum around Richard D. Kahlenberg and Moshe Z. Marvit’s recent book, Why Labor Organizing Should Be a Civil Right. They asked several well-known figures from the labor and civil rights worlds, plus some academics and public interest group leaders, to provide their commentaries on the article below, a précis of the book. Excerpts of this interesting and useful conversation appear below, with a full version available in the Poverty & Race Research Action Council newsletter.

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Tags: unions, marvit, labor organizing, labor, kahlenberg, civil rights

Congressional Republicans Have Indeed Smothered a Rapid Economic Recovery

Speaker of the House, John Boehner speaks at CPAC. Photo credit Gage Skidmore via Creative Commons.

January 18, 2013 COMMENTARY BY: Andrew Fieldhouse, Josh Bivens TOPICS: Workers & Economic Inequality

Frontline on PBS has an interesting piece on the GOP response to President Obama’s election in 2008, reporting that “After three hours of strategizing, they decided they needed to fight Obama on everything.”

Part of this “everything” was the efforts of the new administration to end the Great Recession and restore the economy back to full health. From the start, the GOP sought to block measures that a wide swath of economists agreed would provide help to boost the economy and bring down unemployment. This obstructionism has been a constant theme throughout the past four years, and it continues today.

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Tags: republicans, fieldhouse, economy

The Debt Ceiling’s Escape Hatch

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TCF Fellow Edward Kleinbard's op-ed published in the New York Times.  Is there a solution that's better than minting the platinum coin? Ed Kleinbard says we could emulate California's registered warrants.

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Workers & Economic Inequality

Workers & Economic Inequality

In recent decades, and especially since 2000, the richest Americans have enjoyed soaring income and wealth while the rest of the population's living standards have stagnated. The Century Foundation was one of the first institutions to raise serious concerns about these trends and propose ideas for improving economic conditions for all Americans- not just the fortunate few.

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