Tag: wealth inequality

The poorest among us are being cheated. They're being cheated out of the opportunity to share in the great prosperity to which they and their parents and grandparents all contributed.

Recognizing that enslaved men, women and children built many of the cities, rail lines and ports that fuel the American economy is a necessary part of any such accounting.

"This is why we need the fair-share taxes program Joe Biden ran on, won on, and is now ready to pursue."

Perhaps we need some of that now. That is not insurrection or revolution. Let us call it EVOLUTION.

“Rigged economies are funnelling wealth to a rich elite who are riding out the pandemic in luxury, while those on the frontline of the pandemic... are struggling to pay the bills and put food on the table.”

“In every country that we looked at, inequality has gotten worse during the pandemic.”

“You have to be all sorts of twisted to think ‘making poor people more comfortable’ is a bad thing.”

“Major tax cuts for the rich since the 1980s have increased income inequality, with all the problems that brings, without any offsetting gains in economic performance.”

With a greater public awareness of soaring inequality within countries, it is also important to recognize the deep imbalances across the global financial system.

“The increases in billionaire wealth continue to defy gravity in the real economy where millions have lost their jobs, health, and livelihoods.”