Sarah Anderson

Sarah Anderson

Sarah Anderson directs the Global Economy Project of the Institute for Policy Studies, and is a co-editor of Inequality.org. @Anderson_IPS

Articles by this author

Rather than the story of a Postal Service facing dire financial straits, it is time we see the Postal Service for what it really is: a well-loved public institution that has risen to every challenge and innovated its way to new services even in the face of an unprecedented congressional mandate. (Photo: Ron Doke/Flickr/cc) Views
Monday, July 15, 2019
How Congress Manufactured a Postal Crisis—And How to Fix it
In 2006, Congress passed a law that imposed extraordinary costs on the U.S. Postal Service. The Postal Accountability and Enhancement Act (PAEA) required the USPS to create a $72 billion fund to pay for the cost of its post-retirement health care costs, 75 years into the future. This burden applies...
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America Needs a Long-Term Care Program for Seniors Views
Wednesday, May 22, 2019
America Needs a Long-Term Care Program for Seniors
By 2035, seniors are projected to outnumber children in the U.S. population. Maybe then we’ll look back and credit Washington state activists for being on the forefront of tackling America’s elder care crisis. On May 13, the state became the first in the nation to adopt a social insurance program...
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For ordinary Americans, the slight uptick in wages is not enough to make up for many years of stagnation.(Photo: Stand Up KC/Twitter) Views
Monday, May 06, 2019
The Reality Behind the ‘Surging’ U.S. Economy
Recent economic reports have President Donald Trump crowing. The big headline numbers do sound encouraging. The unemployment rate is down to 3.6%, the lowest since 1969. Average earnings are finally outpacing inflation, the stock market has been hitting record highs, and the first quarter of 2019...
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In contrast to the Wall Street lobbyists, advocates for the working poor have been ignored by the majority of U.S. lawmakers in their calls for a raise in the federal minimum wage to $15 per hour. (Photo: David Ohmer/flickr/cc) Views
Tuesday, March 26, 2019
How Wall Street Drives Gender and Race Pay Gaps
Bonuses were down last year in the New York-based securities industry, according to just-released data from the New York State Comptroller . But the average end of year payout in this lucrative and overwhelmingly white and male sector is still dramatically higher than in decades past, while pay in...
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Disclaimer: This blog is not really about Beyonce. (Photo: Getty Images) Views
Tuesday, March 05, 2019
What’s Worse Than Ticket Scalpers? Stock Scalpers.
Internet bots immediately snapped up Beyonce’s presale tickets last year. And when the resale price rose above $1,000, the Beyhive was mighty peeved. Ticket scalpers are indeed frustrating. But their Wall Street cousins — what UMass-Amherst professor Douglas Cliggott calls the “ stock scalpers ” —...
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Demonstrators in Washington, D.C. rally in support of a financial transaction tax on April 20, 2013. Views
Sunday, February 24, 2019
What States Can Do to Reduce Poverty and Inequality Through Tax Policy
States have an opportunity to act to close the loopholes that hide and protect the wealth of the top 1%, remedy the impact of the new federal tax law that lowers taxes on the wealthy, and make critical investments in infrastructure, energy systems, and programs that create broader opportunity and...
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Candidates bolt out of the gates because they know it takes a long time to raise the mega-millions required for a White House run.(Photo: Shutterstock) Views
Wednesday, February 13, 2019
If You Hate Campaign Season, Blame Money in Politics
Amy Klobuchar could’ve waited for the temperature to rise above 15 degrees before launching her 2020 presidential bid. Instead, she chose to risk frostbite and make her pitch in the middle of a snowstorm—all for an election more than 600 days away. The Minnesota senator is just one of around a...
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 Michael Dell, America’s 17th-richest man. (Photo: Flickr) Views
Wednesday, January 30, 2019
For Dell’s Billionaire CEO, Taxing the Ultra-Rich is a Joke
At the recent World Economic Forum in Davos, Switzerland, a panel moderator asked Michael Dell, America’s 17th-richest man, what he thought about the idea of raising the top marginal tax rate to 70 percent. This idea has been in the headlines since Rep. Alexandria Ocasio-Cortez floated it in a 60...
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Saturday, November 17, 2018
Corporations Should Share the Wealth Before Buying Back Stock
These are good times for those at the top of the Walmart empire. Family members of the founders have seen their wealth grow about 10,000% since the 1980s. Today the Waltons are worth about $180 billion. And they own so much Walmart stock that four of them made $12.7 billion in just one day last...
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Wednesday, November 07, 2018
6 Women of Color Who Campaigned for Congress on Inequality and Won
The Democratic Party has regained control of the U.S. House of Representatives and with this shift will come a new cadre of forceful female leaders committed to narrowing the gaps that so divide us. "In the wealthiest nation in the history of the world, our greatest scarcity is not a lack of...
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