Laura Johnson

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If we want more income equality, should we return to the economy of George W. Bush?

Other things being equal, income equality is better than inequality. But other things are NOT equal. The easiest way to make incomes more equal in the short run is to have a recession.<p>Much has been made of growing income inequality since 1979, but very little attention has been paid to which of the …

How Hillary Clinton Would Regulate Wall Street

Nothing exposes the chasm between the activist wing and the donor class of the Democratic Party like the regulation of Wall Street.<p>The desire to assail too-big-to-fail-banks energizes the left and has propelled Senator Elizabeth Warren and the presidential campaign of Bernie Sanders. But some of …

Six Years Down the Road, What Should the Federal Minimum Wage Be?

The political and economic landscape has changed dramatically since the federal minimum wage was last increased six years ago, on July 24, 2009, to $7.25 an hour. The economy has emerged from a deep recession with steady hiring, but halting wage growth. And efforts to raise the minimum wage have …

The Gender Pay Gap Widens as Men’s Earnings Grow Twice as Fast as Women’s

The gender pay gap is widening again because men’s earnings are growing this year at twice the rate of women’s.