via Laura Bassett, The Huffington Post When 24-year-old preschool teacher Katherine Fenton stood up at the second presidential debate and asked the candidates what they planned to do about the gender wage gap, both candidates dodged the question, and conservatives collectively rolled their eyes at the mention of one of their least favorite of the … Continue reading
via Steve Peoples, The Boston Globe Mitt Romney is promising to reduce taxes on middle-income Americans. But how does he define ‘‘middle-income”? The Republican presidential nominee defined it Friday as income of $200,000 to $250,000 a year and less. The definition of ‘‘middle income’’ or the ‘‘middle class’’ is politically charged as Romney and President … Continue reading
via Jens Hansegard, The Wall Street Journal Jim Butcher’s decision to join Sweden’s army of “latte dads” last year didn’t win him any popularity contests with family and friends back home in the U.K. “When I told my friends in England, they spat up their tea,” said the 35-year-old head of communications for digital-music company … Continue reading
via Hope Yen, The Huffington Post The ranks of America’s poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net. Census figures for 2011 will be released this fall in the critical … Continue reading
via Ira Israel, The Huffington Post “It is not true that money can’t buy happiness. It can, that’s the good news. The bad news is that it’s someone else’s happiness.” — Nick Hornby Spoiler alert: The last line, the summation of my new experiential documentary Mindfulness for Urban Depression is an ebullient “Happiness is a … Continue reading
via Don Lee, Chicago Tribune The Great Recession took such a heavy toll on the economy that the typical American family lost nearly 40% of its wealth from 2007 to 2010, shaving the median net worth to a level not seen since the early 1990s. The Federal Reserve said in a new report Monday that median family net … Continue reading
via Paige Lavender, The Huffington Post Mitt Romney said the protesters rallying against Bank of America in Charlotte this week are too young “to really understand how the economy works.” “Unfortunately, a lot of young folks haven’t had the opportunity to really understand how the economy works, and what it takes to put people to … Continue reading