Middle Class Political Economist

I grew up in a middle-class family, the first to go to college full-time and the first to earn a Ph.D. The economic policies of the last 40 years have reduced the middle class's security, and this blog is a small contribution to reversing that.

Tuesday, January 29, 2013

Billions for Job Piracy Despite State Budget Cuts

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According to Center on Budget and Policy Priority data cited by Louise Story , in 2011 the states enacted $156 billion of austerity measures...
3 comments:
Friday, January 25, 2013

News of Note: Job Piracy, Tax Havens, Filibuster Reform

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A lot has happened during my busy first week of classes, so I want to flag a couple of the most important pieces of news from the week. 1....

$6.6 Trillion Retirement Savings Shortfall Shows 401(k)'s No Replacement for Pensions

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Last week the Washington Post ran a story on the weaknesses of 401(k) retirement accounts, focusing on the the fact that 1/4 of Americans ...
1 comment:
Sunday, January 13, 2013

US already has high elder poverty rate; how can cutting Social Security even be on the table?

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In the recent debate over the so-called "fiscal cliff," President Obama was reportedly at one point offering to raise the eligibi...
10 comments:
Friday, January 11, 2013

Poll Results: 1 in 4 Never Expects to be Able to Afford to Retire

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Thanks to everyone who answered the poll on when you have or expect to be able to retire. The biggest takeaway is that 1 in 4 never expect t...
2 comments:
Thursday, January 3, 2013

The "Fiscal Cliff" and the Coming Retirement Crisis of the Middle Class

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On January 1, Congress approved a tax and spending bill to avert the so-called "fiscal cliff" combination of tax hikes and spendin...
1 comment:
Friday, December 28, 2012

Surprise! Facebook Avoids its European Taxes

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If you are as cynical as I am, I know you are not surprised that Facebook paid Irish taxes (via Tax Justice Network ) of about $4.64 millio...
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About Me

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Kenneth Thomas
Professor Emeritus of Political Science, University of Missouri-St. Louis. Author of Competing for Capital: Europe and North America in a Global Era (Georgetown University Press, 2000) and Investment Incentives and the Global Competition for Capital (Palgrave, 2011). Available for research, consulting, and expert testimony. All opinions expressed are my own and not my employers'.
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