National

Where the Poor and Rich Really Spend Their Money

  (The Washington Post) – Lawmakers in several states are urging limits on how welfare recipients use public benefits, suggesting that the poor are buying things like lobster, filet mignon, vacations aboard cruise ships and visits to psychics. It’s an open question whether the problem these proposals aim to solve actually exists, but the Read More

Business

Census: Household Incomes Holding Steady

[USA Today] Americans’ household incomes still haven’t caught up to where they were before the recession, but they’ve stopped losing ground to inflation, the Census Bureau said Tuesday. Median household incomes after inflation stabilized in 2012, following two annual declines, the bureau reported. Adjusted for Read More

No Picture
Op-Ed

Income Inequality Grows in U.S.

By George E. Curry NNPA Columnist The threat of an impending fiscal cliff has sparked intense conversations about whether upper income citizens are paying their fair share of taxes. But equally important – and perhaps more important in the long term – is the issue Read More