Tag: labor

Links 12/22/16

Consumer Financial Protection Bureau:

The CFPB has recently become “one of Washington’s most powerful and pugnacious regulators,” as The New York Times reported last month:

The bureau has overhauled mortgage lending rules, reined in abusive debt collectors, prosecuted hundreds of companies and extracted nearly $12 billion from businesses in the form of canceled debts and consumer refunds. In September, it exposed the extent of Wells Fargo’s creation of two million fraudulent customer accounts, igniting a scandal that provoked widespread outrage and toppled the company’s chief executive.

Minimum Wage:

Childhood Poverty:

Inequality:

The wealthy didn’t always take such a big share of the proverbial “pie.” In the 1970s, a decade generally seen as fairly prosperous, the top 1% of Americans earned just over 10% of all U.S. income (i.e. the “pie”).
Over time, the rich became more lucky — or more greedy. Today the top 1% take home more than 20% of all U.S. income.
As the wealthy earned more, someone else in America had to get less. The bottom 50% went from capturing over 20% of national income for much of the 1970s to earning barely 12% today.
The turning point started around 1980, as seen in the graph below. By the mid-1990s, the fortunes of the top 1% were clearly on the rise and those of the bottom half were declining rapidly.

It’s time for the bottom 50% to take back their fair share.

White Collar Crime:

Trade:

Labor:

Policy:

Healthcare:

Links 12/8/16

White Collar Crime:

Inequality and Mobility:

Wages:

Trump’s Promises to America’s Workers:

Labor:

Jobs:

Wealth Gap and Savings:

Trade: