In a December speech at the Center for American Progress, President Barack Obama declared that "a dangerous and growing inequality and lack of upward mobility" is "the defining challenge of our time." Is inequality increasing and if it is does that matter? Reason Science Correspondent Ronald Bailey analyzes the data on income inequality and mobility and finds that the president doesn't know what he's talking about.
That's a huge concern as forecasters expect the U.S. unemployment rate in the months to come to surpass that seen during the depths of the Great Depression.
So far, it's been silence from The New York Times, The Washington Post, CNN, and others.
The Scandinavian country is betting against draconian restrictions and in favor of the free movement of people and goods.
A former staffer says he sexually assaulted her in 1993.
The agency concludes that the possible benefits outweigh the risks.