Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.

Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top executives and shop floor laborers; between 'Master of the Universe' financiers and pretty much everyone else.

China has lunged into the 21st century, while India is still lurching toward it.

Not surprisingly, troubled economic times often beget proselytizers of wacky, extreme ideas.

As a beneficiary of the carried interest loophole, I've seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate.

Indias rigid social structure limits intergenerational economic mobility and fosters acceptance of vast wealth disparities.

Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.