Economy
From the Economic Policy Institute, evidence that paycheck inertia in the U.S. is the culprit behind the extreme income inequality.
Leading up to the January 1 fiscal cliff deadline, advocates for workers, the poor, and the elderly were eyeing nervously the compromises offered by the president. On the table were onerous options like raising the eligibility age for Social Security and Medicare, or reducing cost of living adjustments for retirees.…
A recent graduate approaches a community college employee with whom he has worked in the past as an intern, maintaining the school ventilation system. He is looking for a full-time job, but nobody in the heating and air conditioning business is hiring anyone but the most experienced technicians. Now he…