Author Archives: Sam Pizzigati

Wealth that concentrates kills

Two new official reports out of Washington trace our growing economic divide and the high price we pay, in dollars and lives, for letting that divide fester.

The weight of the wealth that sits at the top of America’s economic order isn’t just squeezing dollars out of the wallets of average Americans. That concentrated wealth is shearing years off of American lives. Continue reading

Make America… more like Canada

Canadians enjoy much better health care, much less inequality, and—a new study finds—higher incomes too.

We Americans tend not to pay much attention to our northern neighbors. Often, entire election cycles can come and go without anyone running for national office saying anything about Canada. Continue reading

A tale of two drug lords

One gets life behind bars, the other retires into luxury. Guess which one wreaked more havoc.

Last week didn’t go so well for the Mexican druglord Joaquín Guzmán Loera. A federal district court sentenced the notorious “El Chapo” to life in prison. The 62-year-old will almost certainly, notes the New York Times, be “spending the rest of his life behind bars.” Continue reading

U.S. tax policy can turn on a dime. Has Alexandria Ocasio-Cortez just turned it?

The youngest lawmaker in Congress delivers a history lesson America has needed for years.

Who gets taxed in the United States—and by how much—can change both drastically and fast. Back in early 1916, for instance, America’s richest faced income tax rates that posed, at worst, no more than a minor inconvenience. On income over $500,000, about $11.5 million in today’s dollars, deep pockets faced a mere 7 percent federal income tax levy. Continue reading

The deep-pocket push to deep-six public schools

The backstory to the showdown in Los Angeles between teachers and billionaires

Back during the 1960s and 1970s, in cities, suburbs, and small towns across the United States, teacher strikes made headlines on a fairly regular basis. Teachers in those years had a variety of reasons for walking out. They struck for the right to bargain. They struck for decent pay and benefits. They struck for professional dignity. Continue reading

Executives make millions misleading cancer patients. Here’s one way to stop them

Cancer-treatment executives are reaping fortunes off misleading marketing. We should make that less profitable.

Cancer kills. Every American knows that. Continue reading

What does inequality cost the average American? About $150k

Americans pay a steep price for not spreading their wealth around as well as other developed countries.

Belgian waffles. Belgian beers. Americans love ’em. Continue reading

If you want to collect Social Security, Trump’s tax plan is an outrage

How much did your paychecks total last year? You know the answer, of course. So does the Social Security Administration. The totals for every American’s paycheck income are sitting in Social Security’s computers. Continue reading

America’s construction carnage

As unions decline, construction workers are dying at alarming rates.

Try this the next time you find yourself standing on a Wall Street corner. Ask the first power suit you see why Wall Street’s finest deserve to be making $25 billion in bonuses a year. Continue reading