Tag: income inequality

The new tax overhaul, passed by the Senate yesterday, will only exacerbate the problem.

With inequality ripping us apart, and with few of our national leaders willing or able to confront the problem, we may never again be an equitable and functional society.

America was never what it had purported to be.

The median wealth of the world's adults is $2,222, down from $3,248 at the end of 2007.

The ruling class is laughing and the working class is ensnared in what I would call Societal Autoimmune Disorder (S.A.D.).

In this new Gilded Age of our current Military Industrial Empire the amount of wealth for many individuals is astounding.

Making breakthroughs for consumers is hard, companies have found. But making fortunes for CEOs is easy.

This is a great example of a clearly defined policy that will directly reverse some of the upward redistribution of income over the last four decades.

The gap between the super-rich and the poor is greater than even a year ago.

If the trend continues for another 30 year time period the average white family’s net worth will grow by $18,000 a year while the average black household will see a growth of $750 and the average Hispanic household a growth of $2,250.