CNN PRODUCER NOTE EWillies1961 told me, ‘The reality is none of the other issues matter if the decline of the middle class continues. If the decline of the middle class continues immigration is not a problem because no one would want to come here. Gun control won’t matter because the government will be forced to […]
Search Results for: income inequality
Income inequality is a recipe for Depression
Acceptance of a growing income disparity is a recipe for economic depression. Fixing our country’s economy will require a psychological deprogramming in America. The reality is that our politicians are a reflection of ourselves. The dysfunction we see in Congress is no different than the dysfunction among our citizenry. We have allowed our corporate class […]
How American Income Inequality Hit Levels Not Seen Since The Depression #p2 #tcot #teaparty
I get upset when income/wealth inequality is viewed as something that needs to be studied to determine if it negatively affects society. First off, the top 2% that holds the vast majority of income/wealth does not have it because their intrinsic value to society is great. After all that teacher that molds your children, that […]
Economic View – Confronting Income Inequality – NYTimes.com
During the three decades after World War II, for example, incomes in the United States rose rapidly and at about the same rate — almost 3 percent a year — for people at all income levels. America had an economically vibrant middle class. Roads and bridges were well maintained, and impressive new infrastructure was […]
Income Inequality Makes The Poor More Conservative – HOGWASH ISAY #p2 #tcot #teaparty
Sometimes I wonder about academics researching social issues. To believe that telling a starving person that policies that will not do anything proactive to ensure you’re starving is relieved goes against the tenet of survival that is instinctively human. It is shows a lack of depth to not realize that it is the superior selling […]
Slate: The Great Divergence In Pictures. A Visual Guide To Income Inequality #p2 #tcot #teaparty
During the 20th century, the United States experienced two major trends in income distribution. The first, termed the "Great Convergence" by economists Claudia Goldin of Harvard and Robert Margo of Boston University, was egalitarian. From 1940 to 1973, incomes became more equal. The share taken by the very richest Americans (i.e., the top 1 percent […]
Inequality Gone Viral: The Obscene Numbers
Something has to be done to heal the rupture in the sickened body of our nation. This legalized theft by the wealthy is not sustainable.
What history can teach us about capitalism, socialism, and inequality
A good understanding in a very nuance manner about the battle between capitalism and democratic socialism in America,
The Wealth Inequality Problem in One Chart
We showcase the wealth inequality problem. The challenge with it was that literally the data goes “off” the chart with no easy way to show it.
Most Of The Rich Are Undeserving Of Their Wealth & Income
Are The Rich Really Deserving Of Their Wealth? Paul Krugman wrote a very important article a couple days ago. He titled it “The Underserving Rich.” He starts the article telling the reality that the bottom half of Americans have seen no growth in their wages in the last 30+ years. Worse, some have actually seen their […]
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