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As States Cut Public Workers, Congress Is Reluctant to Act

The Obama administration has led a furious charge to convince Congress to help states meet their budget needs -- so far, to no avail.
Jul 31, 2020

As States Cut Public Workers, Congress Is Reluctant to Act

As States Cut Public Workers, Congress Is Reluctant to Act

The Obama administration has led a furious charge to convince Congress to help states meet their budget needs -- so far, to no avail.
The Obama administration has led a furious charge to convince Congress to help states meet their budget needs -- so far, to no avail.
Jul 31, 2020

Hagel, Boren Join Historically Unimportant Intelligence Board

Hagel, Boren Join Historically Unimportant Intelligence Board

The White House just announced the leadership of the President’s Intelligence Advisory Board: former Sen. Chuck Hagel (R-Neb.), a big Obama supporter, and
The White House just announced the leadership of the President’s Intelligence Advisory Board: former Sen. Chuck Hagel (R-Neb.), a big Obama supporter, and
Jul 31, 2020

Florida study shows income inequality slows economic growth

Florida study shows income inequality slows economic growth

A new study points to income inequality (the gap between those making most of the income and those making the least) as one of the main culprits for a country’s lagging economy. The United States’ income inequality is currently very high — and yet, some states are faring worse than others. Florida ranks “as the fifth-worst state in the nation on a measure of income inequality,” the Gini Index, according to the Florida Center for Fiscal and Economic Policy . Mother Jones reports that “equality” in income remains one of the most important “economic drivers” in an economy: “Countries where income was more equally distributed tended to have longer growth spells,” says economist Andrew Berg, whose study appears in the current issue of Finance & Development , the quarterly magazine of the International Monetary Fund.
A new study points to income inequality (the gap between those making most of the income and those making the least) as one of the main culprits for a country’s lagging economy. The United States’ income inequality is currently very high — and yet, some states are faring worse than others. Florida ranks “as the fifth-worst state in the nation on a measure of income inequality,” the Gini Index, according to the Florida Center for Fiscal and Economic Policy . Mother Jones reports that “equality” in income remains one of the most important “economic drivers” in an economy: “Countries where income was more equally distributed tended to have longer growth spells,” says economist Andrew Berg, whose study appears in the current issue of Finance & Development , the quarterly magazine of the International Monetary Fund.
Jul 31, 2020
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