As President Obama scrambles to eviscerate key sections of his own signature health-care law, he and other Democrats are trying to shift voters’ focus to another issue — income inequality. Unfortunately, their solutions are pitifully inadequate or painfully perverse. Start with the minimum wage. Raising it polls well. But does anybody really care much about...
Weird ways to attack inequality
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De Blasio should fix the streets first
No doubt Mayor de Blasio was relieved to beat it out of town Thursday and leave behind inconvenient questions about the botch of this week’s snowstorm. Plainly he is more comfortable on a stage in Washington, where he declared to his fellow mayors that it’s their job “to address the root causes of inequality.” Now,...
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Cuomo against … his own agenda?
Would a pro-business candidate back an agenda that seeks to raise labor costs for small employers, hike New York’s already-too-high taxes and create new avenues for trial lawyers to drag small businesses into court? Would he make a political bargain with a group that thinks that ObamaCare doesn’t go far enough? These questions answer themselves....
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Charter founder’s formula for fighting racial inequality
Testifying before Congress on Tuesday, the witness deplored “inequality,” championed “disadvantaged” kids and lamented that black males are twice as likely to be out of work as whites. Who was this radical left-winger? Hint: It wasn’t Mayor de Blasio or inequality author Thomas Piketty. It was Eva Moskowitz, founder of arguably the city’s most successful...
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Our unaffordable city
Leave it to Mayor de Blasio to look at a bad law that wasn’t working and conclude the answer is to make it even worse. Two years ago, the City Council passed a so-called living-wage bill — overriding then-Mayor Michael Bloomberg’s veto and waiting out his subsequent lawsuit. The law requires any project receiving $1...
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The prescience of Pat Moynihan
In the mid-1960s, a social scientist noted something ominous that came to be called “Moynihan’s Scissors”: Two lines on a graph crossed, replicating a scissors’ blades. The descending line charted the decline in the minority male unemployment rate. The ascending line charted the simultaneous rise of new welfare cases. The broken correlation of improvements in...
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Why ‘inequality’ can be ‘beautiful’
Every day the Chinese go to work, Americans get a raise: Chinese workers, many earning each day about what Americans spend on a Starbucks latte, produce apparel, appliances and other stuff cheaply, thereby enlarging Americans’ disposable income. Americans similarly get a raise when they shop at the stores that made Sam Walton a billionaire. The...
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The American dream is alive and well — outside the US
The American dream — the idea that anyone can own their own home and do better than the previous generation with the right amount of hard work — has been fading for years, with rising house prices and stagnant wages. Now, people who want to achieve it may be better off seeking it in Canada,...
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The terrifying DNA discoveries that are making science-fiction fact
Imagine a world where parents can give birth to superbabies with bones so strong they’re impervious to a surgical drill and a heart less prone to failure. A world where a child has DNA from three parents, not two. A world where it’s possible for a woman to have her favorite movie star’s child simply...
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The gender pay gap is larger among Ivy League alums
Even a degree from a top university may not be enough to get women on an equal playing field. Women who entered Ivy League schools and other prestigious, private nonprofit colleges in the 2001-2002 academic year and received financial aid earned about $26,000 less in yearly salary than men who entered the same colleges at...
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Female graduates immediately earn less than their male peers
It really is a man’s world. Even when women and men share identical college majors, females still earn less in their careers, according to a new study released Wednesday by career site Glassdoor.com, which examined recent grads for five years post college. The reason this happens is that women and men with the same major...
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Women at BBC received ‘veiled threats’ when asking for equal pay
LONDON – Women working for the BBC have complained they are paid less than men in equivalent jobs and accused managers of misleading them about their pay to hide widespread gender discrimination at Britain’s public broadcaster. But the BBC published a review of the pay of some 800 on-air staff, produced by PwC, which found...
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Women have to earn an extra degree to close wage gap
When it comes to pay parity, America is falling quite a few degrees short. Women need to earn an additional degree than men to make roughly the same salary, according to a new report from the Georgetown University Center on Education and the Workforce. On average, women with a master’s degree earned $83,000 per year...
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Helicopter parenting is another way the rich get richer
In the popular imagination, college offers an opportunity for young people to strike out on their own, away from the watchful eye of parents with the safety net of an educational institution. But a new study suggests that for some affluent students, college is an experience still managed largely by their parents — and that...
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Twitter violates human rights by failing to protect women, study says
Twitter has come under fire for failing to protect women against online violence and abuse in a blistering eight-chapter report published this week by Amnesty International. The report, titled “#ToxicTwitter: Violence and abuse against women online,” analyses what it’s like to be a woman on the social media platform, following a 14-month study examining 86...
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Women lawmakers in UK launch #PayMeToo movement
Women across the pond want to get paid. UK women lawmakers on Monday launched a #PayMeToo movement, an effort to close the gender pay gap as companies’ mandatory deadline to report pay data draws closer. A website for the cross-party campaign, led by Labour MP Stella Creasy and first reported by the Guardian, offers action...
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Public colleges spend $5B less per year on students of color
Public colleges are typically thought of as engines of economic and social mobility, but a new study suggests that they may be reinforcing inequities. Two-year and four-year public colleges spend more than $1,000 less per year on black and Latino students than on white students, according to a new study from the Center for American...
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Top 1 percent on track to control two-thirds of the world’s wealth
Inequality around the world has reached an irreversible tipping point. The UK-based House of Commons Library said this week that, if current trends continue, the richest 1 percent will control nearly 66 percent of world’s money by 2030. Based on 6 percent annual growth in wealth, they would hold assets worth approximately $305 trillion, up...
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Chinese government, tech industry under fire for ‘men only’ job ads
BEIJING — Top Chinese tech firms and some government departments have been singled out in a report that says discriminatory hiring practices based on gender are widespread in China and are linked to a shrinking proportion of women in the labor force. Job ads posted by Alibaba Group Holding Ltd, Baidu Inc and Tencent Holdings...
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Here’s what front pages look like without men
If you’ve been harboring a faint yet nagging suspicion that white middle-aged men dominate our media landscape — you’re right. We might be living in an era of #metoo and Time’s Up but the disturbing reality is that the gender pay gap and workplace discrimination aren’t the only situations we have to deal with as...
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