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
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Views Thursday, November 14, 2019 Sanders, Lee, and Tlaib Lead Effort to Tax Huge CEO-Worker Pay Gaps A new congressional bill would deliver heftier IRS bills to corporations that overpay their top executives at the expense of their workers. Institute for Policy Studies experts have advocated for such policies since the 1990s, the decade CEO pay at big U.S. corporations began soaring into the... Read more |
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Views Wednesday, October 16, 2019 Where Is 'Line Worker Barbie'? Mattel executives say they’re worried about girls developing “self-limiting beliefs,” resulting in a "dream gap" with boys. So the giant toymaker rolled out an extensive line of “ Career Dolls ,” including Barbie pilots, firefighters, and robotic engineers, to inspire its young patrons. But there’s... Read more |
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Views Monday, October 07, 2019 Paying the Boss 1,000 Times More Than a Worker Encourages Reckless Corporate Behavior Back in the 1960s and into the 1970s, few American corporate chief executives pocketed more than 40 or 50 times what they paid their workers. That divide looks quaint by today’s standards, but back then business analysts like the famed Peter Drucker considered even those gaps much too wide. Drucker... Read more |
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Views Wednesday, October 02, 2019 We’ve Waited Too Long for Corporations to Fix the CEO Pay Problem on Their Own I went on CNBC’s Squawk Box this week to talk about a new proposal from Senator Bernie Sanders to put tax penalties on corporations with extreme gaps between their CEO and worker pay. This is an issue I’ve been working on for many years. In fact, a dozen years ago, in August 2007, I had also... Read more |
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Views Friday, August 02, 2019 3 Bills to Rein in Executive Pay Here’s one sign of the unpopularity of overpaid corporate and banking executives: Shortly before heading home to face constituents during the summer recess, members of Congress introduced three bills to crack down on excessive compensation. Stop Wall Street Looting The new Stop Wall Street Looting... Read more |
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Views Monday, July 22, 2019 ‘The Squad’ Keeps the Focus on Bold, Inequality-Busting Policies “We are one of the wealthiest countries in the history of this world. And yet millions of adults in the United States still don’t have health insurance,” Rep. Ilhan Omar told an audience of her Minnesota constituents on Thursday evening. A day after the president of the United States incited... Read more |
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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... Read more |
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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... Read more |
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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... Read more |
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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... Read more |