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Details are sketchy about the new retirement plan that President Obama proposed in the State of the Union Address last night, so it's too early to offer any verdict. What causes concern, though, is that the Obama administration has previously floated retirement schemes that would double down on

As long as there have been markets, people have been driven by greed to make irrational investment decisions. When enough people get in on the action, valuations -- the prices of securities -- go haywire, soaring to obscene heights and then crashing in a shower of crushed dreams. Chasing performance

A compelling vision of free, high-quality preschool for every child in New York City helped to propel Bill de Blasio into the mayor’s office.

President Obama took the podium for last night’s State of the Union Address at a time when mood of the country is sour—toward the president and toward the economy. [...] Of course, actions speak louder than words. In the speech, Obama announced he will sign an executive order that will force federal

Republicans didn't just respond to the State of the Union, they responded four times. The problem is that a lot of their talking points don't stack up with reality. 1) Taxes Are Too High on The Rich In fact, taxes have become less progressive since 1960:

President Barack Obama vowed on Tuesday to bypass a divided Congress and take action on his own to bolster America's middle class in a State of the Union address that he used to try to breathe new life into his second term after a troubled year. Standing in the House of Representatives chamber

Will Wilkinson is tired of arguing about inequality. He writes,

A move by President Obama to raise the minimum wage for federal contract workers to $10.10 an hour is partly an act of symbolism and political tactics, but it promises to have a practical impact on the lives of as many as half a million US workers. [...]

Republican lawmakers challenged President Barack Obama’s plan to raise the minimum wage for employees of federal contractors, suggesting it would have little impact on workers and could exacerbate partisan gridlock.

President Obama plans to sign an executive order requiring that janitors, construction workers and others working for federal contractors be paid at least $10.10 an hour, using his own power to enact a more limited version of a policy that he has yet to push through Congress.