Post originally appeared on WalkerViewPoints on 3/26/20 Inequality has steadily escalated since the days of Reagan and Thatcher. It’s now deeply ingrained in every aspect of our society. And, no matter what the major problem of the world, the less fortunate always get the short end of the stick. The environment is a good example. As we continue to pollute our water, who is forced to … Continue reading Inequality Propounded
As I write this, I am eating lunch in my New York City office, near the Flatiron building in Manhattan. A lot of people have offices in this neighborhood, like FanDuel and Credit Suisse. As I often do as part of my regular office day, I went to a branch of Dig Inn that normally has over a dozen workers making lunches assembly line style. … Continue reading A COVID-19 Economy: I’m Not Worried About the 1%. I’m Terrified for the Bottom 50%.
Most working Americans see taxes taken out of their paycheck every other week. Wages are taxed in real-time, while investment growth (from stocks, dividends, etc., ) is only taxed when the investment is sold. On any given year, rich people are not paying any taxes on the majority of any increase in their personal wealth. This is because most of their wealth comes from their … Continue reading Equalizing Capital Gains is Essential for Equality
One afternoon in Georgia, a man lifted a $2 can of beer from a corner store. He was quickly caught, prosecuted, and ordered to wear a $1,000 ankle monitoring device as part of a plea deal – at his own expense. The man, already impoverished, sold his plasma to try and make the minimum payments. When he fell behind, the court jailed him for not being able … Continue reading In Revenue Shortfalls, Don’t Fine the Poor – Tax the Rich
Amid warning signs of recession, rather than helping normal Americans Donald Trump has yet again suggested a new round of tax cuts for the rich. Trump has proposed, then backed down from, then proposed again, then backed away from again, indexing capital gains to inflation, which would hand over $100 billion in tax cuts to some of the richest Americans. We shouldn’t be surprised that … Continue reading America First or Rich People First?
We know that algorithms can be used to institutionalize and credentialize injustices, but just recently the Trump administration proposed new rules to allow mortgage lenders to be exempt from claims of racial discrimination if they use algorithms.
If you’ve kept pace with the news recently, then you’ve been reading a lot over the last few weeks of horrific conditions in which some people in this country are being held: babies without diapers, children without beds, parents separated from their kids. Honestly, I am having trouble typing the keys on my keyboard because I am so disgusted thinking about it. The Trump administration, … Continue reading Money Shouldn’t Buy A Different Kind of Justice
The legacy of slavery and years of segregation have left a colossal wealth gap between white and black families that disadvantages Black Americans to this day. Slavery might be over, but millions of Black Americans are still feeling its effects.
Today, April 22nd, 2019, is Earth Day. Right now, according to a coalition of the most knowledgeable scientists from across the world, we have less than 11 years to cut our emissions in half if we have any hope of stopping the most devastating, nature-collapsing consequences of climate change. While scientists and politicians (rightly) talk about renewable energy sources, carbon capture technologies, and climate mitigation, … Continue reading An Unequal Country Can’t Fight Climate Change
It’s been well noted by now that the Trump administration’s budget proposal released on Monday is a blatant cash grab that would transfer trillions from the poorest in American society to the ultra wealthy. It does this by gutting public services in order to fund extensions for the reckless, unnecessary tax cuts the administration gave to wealthy Americans in 2017. For the normal people in … Continue reading All the Awful Cuts (So Far) in the Trump Budget
In reading about the massive college admissions scandals this week, a truth struck me that I hadn’t consciously been aware of before. Yes, compromising the proctors and cheating on the standardized tests is bad. Bribing the coach to admit your child as an athletic recruit, when they don’t even play sports, is bad. Yes, many of the actual students involved were probably not aware of … Continue reading Pearls of Wisdom: “For college admissions, $50,000 is a scandal, $50 million is a celebration.”
On Monday, President Trump released his 2019 budget proposal, a plan that outlines a series of massive cuts to vital public programs in the ludicrously titled “A Budget for a Better America.” While this is just a list of funding ideas that mean nothing without Congressional approval, it outlines Trump’s vision for our economic future – one that allows us already wealthy people to get … Continue reading Budget for a Nightmare America
In November, Senator Schumer (D-NY) advertised a full-time press intern position for $0 per hour. If you are thinking, “This is not the America I know,” or “Democrats are better than this,” then we disagree. And we know different Americas. Unpaid internships are in line with the 96% of House Democrats and the 92% of Senate Democrats who also don’t pay their interns. The US … Continue reading Why Are Unpaid Internships Legal?
Over the last three decades, I’ve held multiple jobs in the healthcare industry, and have taken multiple healthcare and Affordable Care Act (ACA) classes. Besides my role running a startup medical device company, I’ve consulted for various healthcare startups and investors, and am married to a doctor who started and built a large medical practice that serves thousands of patients. Through education, hard work, saving … Continue reading Wealth Inequality is Corrupting our Healthcare System
The 24th amendment, ratified in 1964, abolished the poll tax. Unfortunately, over the last 50 years, a policy of another name but similar impact has taken its place. The disenfranchisement policies of 22 states, which are widely considered to be unconstitutional, have continued the American tradition of an exclusionary electorate. It’s a well-known fact that those living in poverty have tougher lives than those who … Continue reading The Legacy of Poll Taxes and Disenfranchisement
*This post was written in response to the April 8th Wall Street Journal “You Won’t Believe the Names the Left is Calling ‘No Labels’” Some people want to have no labels applied to themselves, others of us choose to be labeled. I support certain candidates because I believe that certain policies will make our great nation the kind of nation where I want to … Continue reading Label Me, Please.
There are vast differences between the lives of a rich person and a poor person. As someone who finds himself in the former category, I know that the majority of these differences privilege my experiences and opportunities over the other. In a truly democratic and safe society, these benefits should stop once the criminal justice system enters into the equation, but this is not the … Continue reading Do Millionaires Worry About Going to Jail?
On International Women’s Day, we celebrate the extraordinary achievements and everyday contributions of women across the world and throughout time. When given equal access to education and opportunities, women improve the world around them. Unfortunately, a number of obstacles disproportionately disadvantage women worldwide, and public policy in the U.S. is no exception, particularly given the absence of federally mandated paid family and medical leave. When … Continue reading By the Next International Women’s Day, We Could (and Should) Have Paid Family and Medical Leave
Post originally appeared at WalkerViewPoints on 12/26/17. How do you feel when you walk through the Business Class section of the airplane on your way to crowded and uncomfortable coach seating, while privileged customers are sipping their free champagne? Do you wonder for a moment how their wealth was obtained, whether every one of them gained it fairly, without privilege of birth? I venture to … Continue reading Americans Do Care About Inequality!