World’s billionaires became 20% richer in 2017, report reveals UBS report shows billionaires increased fortunes by $1.4trillion, more than the GDP of Spain —Rupert Neate Wealth correspondent The Guardian 26 Oct 2018 — More than 40 of the 179 new billionaires created…
DEFINED BENEFIT PENSIONS SUPPORT LOCAL ECONOMIES October 17, 2018 — POSTED BY – TYLER BOND This week, we want to focus on the economics of pensions, the most secure form of retirement savings. Today we want to highlight how public pensions…
Women lose $513 billion a year in wages due to gender pay gap and math is worse for some —Charisse Jones, –USA TODAY– Oct. 23, 2018 | (Photo: Getty Images) Women experience $513 billion in lost wages a year because of the…
WHY DEFINED BENEFIT PENSIONS COST LESS October 15, 2018 –POSTED BY–TYLER BOND– Today we’re examining why defined benefit pensions cost less than 401(k)-style defined contribution plans. Defined benefit pensions cost less than 401(k)s because they are more efficient. Pensions are group…
IN A STATE OF GREAT WEALTH, ALL THE HEALTH CARE SOME CAN AFFORD –by Keith M. Phaneuf –October 15, 2018– The CT Mirror– Up until Sally Grossman became pregnant in 2012 at the age of 30, she had been trying…
Unkept Promises: State Cuts to Higher Education Threaten Access and Equity OCTOBER 4, 2018- BY- MICHAEL MITCHELL —MICHAEL LEACHMAN— KATHLEEN MASTERSON — SAMANTHA WAXMAN A decade since the Great Recession hit, state spending on public colleges and universities remains well below historical levels. Overall state funding…
The Super-Rich Really Do Avoid A Lot Of Taxes By— Matt O’Brien — Hartford Courant Op-Ed – 10/7/18 (alfexe / Getty Images/iStockphoto) As bad as you might think inequality is, the reality is that it’s even worse for a…
Connecticut in Crisis: How inequality is paralyzing ‘America’s country club’ The state is caught in an economic straitjacket and there’s no easy way out By Jared Bennett July 26, 2018 –Center for Public Integrity Main Street in Bridgeport, the largest city in…
Stanley Black & Decker CEO: GE Leaving Connecticut One Of ‘A Lot Of Bad Decisions’ It Made James Loree, chief executive officer of Stanley Black & Decker Inc. (David Archambault, Tunxis Community College) Stephen Singer, Contact Reporter, ssinger@courant.com, Hartford Courant, 10/2/18 The…
General Electric Ousts CEO As Company Continues To Struggle Since Move From Connecticut General Electric Chairman and CEO John Flannery is interviewed on the floor of the New York Stock Exchange, Tuesday, Nov. 14, 2017. (AP Photo/Richard Drew) (Richard Drew…