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 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 |
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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 ” —... Read more |
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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... Read more |
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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... Read more |
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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... Read more |
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Views 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... Read more |
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Views 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... Read more |