What matters is income mobility, not income inequality. I hate to be the bearer of good news just as the Occupy Wall Street movement is gathering steam, but protesters can stop worrying about rising inequality and go home. New evidence suggests that the super-rich got hit by the recession much harder than the rest of the 99 percent. This doesn’t mean that they ... MORE Shikha Dalmia: Don't Mind The Gap
What matters is income mobility, not income inequality. I hate to be the bearer of good news just as the Occupy Wall Street movement is gathering steam, but protesters can stop worrying about rising inequality and go home. New evidence suggests that the super-rich got hit by the recession much harder than the rest of the 99 percent. This doesn’t mean that they ... MORE BLOOMBERG: More Tax Money Wasted On Green Energy
Another taxpayer-backed company goes bankrupt. Beacon Power Corp., an energy- storage company that received $43 million in backing from the U.S. program that supported failed solar-panel maker Solyndra LLC, filed for bankruptcy after struggling to raise private financing. The money-losing company, which makes flywheels that manage energy moving through ... MORESteve Chapman: Ron Paul's Unusual Path
Substance over style. No one in this year's race has spent more time running for president than Ron Paul, who before entering the Republican primaries in 2008 and 2012 was the 1988 nominee of the Libertarian Party. And no one runs for president quite the way Paul does. His town hall meeting is in an auditorium at the Figge Art Museum, which an audience of some ... MORE
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