US Middle Class Is A Minority
As recently as 1971, the US middle class was a majority of the population: 61%. It now just hit 50% Continue reading
As recently as 1971, the US middle class was a majority of the population: 61%. It now just hit 50% Continue reading
Wealth inequality continues. The top 1% own half of the world’s wealth. The trend suggested it would happen, but it Continue reading
America has been known for its entrepreneurs. Policies encourage business creation, at least relative to other nations. Culturally, taking risks Continue reading
The debates about income and wealth distribution continue without demonstrable progress towards change, which means the inequality gaps continues to Continue reading
Billionaires are beginning to see the threat of wealth and income inequality. Whether through compassion for those they think are Continue reading
US wages rose 3.3%. Humans can lay bricks at 700/hr. Robots, 1,000/hr. Americans turning away from owning homes as only Continue reading
Two simple trends have created one sad fact: Since 2000, wages are effectively stagnant but rents are rising; especially since Continue reading
Wealth inequality continues, because nothing has risen to counteract it. The new data show: The top 10% own 90.9% of Continue reading