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Bryan Pregon

the Walton family of Wal-Mart, owns more wealth than the bottom 40 percent of Americans. - 0 views

www.huffingtonpost.com/...soul-of-america_b_2439576.html

Government 99% economy Politics

shared by Bryan Pregon on 10 Jan 13 - No Cached
  • Bryan Pregon on 10 Jan 13
     
    "In America today, we have the most unequal distribution of wealth and income of any major country on earth... One family, the Walton family of Wal-Mart, owns more wealth than the bottom 40 percent of Americans. "
Bryan Pregon

World's richest 1% grabbed 82% of all wealth created in 2017, Oxfam study finds - 1 views

money.cnn.com/...index.html

shared by Bryan Pregon on 03 Apr 18 - No Cached
  • Bryan Pregon on 03 Apr 18
     
    "Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work."
  • Connor McHood on 11 Apr 18
     
    It seems that CEOs and company owners are taking wealth for themselves, rather than investing it back into their businesses. I think that, if this trend continues, it could lead to devastating effects on the economy.
Bryan Pregon

Half of world's wealth now in hands of 1% of population - report | Money | The Guardian - 1 views

www.theguardian.com/...s-population-inequality-report

shared by Bryan Pregon on 14 Oct 15 - No Cached
  • Bryan Pregon on 14 Oct 15
     
    "Global inequality is growing, with half the world's wealth now in the hands of just 1% of the population, according to a new report."
Bryan Pregon

World's witnessing a new Gilded Age as billionaires' wealth swells to $6tn | Business |... - 12 views

www.theguardian.com/...lionaires-wealth-swells-to-6tn

shared by Bryan Pregon on 27 Oct 17 - No Cached
  • Bryan Pregon on 27 Oct 17
     
    "The world's super-rich hold the greatest concentration of wealth since the US Gilded Age at the turn of the 20th century, when families like the Carnegies, Rockefellers and Vanderbilts controlled vast fortunes. "
  • ...2 more comments...
  • ethanbrewer on 27 Oct 17
     
    the super rich should have to pay lots of taxes so it go and help more people.
  • mason_mower on 27 Oct 17
     
    Super rich should pay more in taxes considering they have enough money to buy gold cars
  • hhendrix155 on 27 Oct 17
     
    I think sports team should give up some there money because they are always going to make that money back .
  • tayonnathomas on 27 Oct 17
     
    You can't help but get a little concerned when remembering the gilded age. Especially what followed such as the Panic of 1893.
Bryan Pregon

Daily chart: Some are more equal than others | The Economist - 1 views

www.economist.com/...daily-chart-2

shared by Bryan Pregon on 10 Nov 14 - No Cached
  • Bryan Pregon on 10 Nov 14
     
    "A NEW paper by Emmanuel Saez of the University of California, Berkeley, and Gabriel Zucman of the London School of Economics suggests that, in America at least, inequality in wealth is approaching record levels."
  • michaelaheilesen on 18 Nov 14
     
    This is crazy to read about. It's hard to believe (somewhat I guess) that the top 0.1% have 22% of of America's wealth. Barely a difference from the peak of 1929.
Bryan Pregon

Wealthiest 1% will soon own more than rest of us combined, Oxfam says - CNN.com - 9 views

www.cnn.com/...index.html

shared by Bryan Pregon on 20 Jan 15 - No Cached
  • Bryan Pregon on 20 Jan 15
     
    "a new report, which estimates that the richest 1% will have as much wealth as the other 99% combined by next year."
  • ...2 more comments...
  • deanaroth on 22 Jan 15
     
    It's ridiculous that a handful of people can be so much more wealthy that the rest of us. But if they worked for it and earned it than props to them for putting that in. Otherwise that's ridiculous, there are so many hard working people out their that won't make 1/16 of what these people make.
  • tcomulada881 on 26 Jan 15
     
    It's crazy how barely any people would be much richer than everybody is. I don't see the point why they make so much while other people are struggling to even get enough money to feed one mouth. People work hard and yet barely make a little more of minimum wage. I honestly think its ridiculous and unfair.
  • djones036 on 29 Jan 15
     
    I think the people that are that rich and won't even notice millions of dollars gone should help the less fortunate people who will really use it for bettering themselves.
  • Erin Wolff on 05 Feb 15
     
    I think it's ridiculous how hard some people work to survive and take care of others. I think the people that are that rich and won't even notice millions of dollars gone should help the less fortunate people who work hard and live paycheck to paycheck.
Bryan Pregon

Elizabeth Warren pitches 'wealth tax' on richest Americans - CNNPolitics - 2 views

www.cnn.com/...index.html

shared by Bryan Pregon on 25 Jan 19 - No Cached
  • Bryan Pregon on 25 Jan 19
     
    "Sen. Elizabeth Warren is proposing a new tax on Americans with assets of $50 million or more as part of a bold new initiative to reverse the increasing concentration of wealth among the country's richest households."
Bryan Pregon

World's 85 richest earn more than 3.5 billion poorest: UN - Business - CBC News - 2 views

www.cbc.ca/...5-billion-poorest-un-1.2717114

shared by Bryan Pregon on 25 Jul 14 - No Cached
  • Bryan Pregon on 25 Jul 14
     
    "The 85 richest people in the world have as much wealth as the 3.5 billion poorest people, the United Nations said Thursday in a report that highlights the 1.2 billion people who live on less than $1.25 a day."
Bryan Pregon

World's 26 richest people own as much as poorest 50%, says Oxfam | Business | The Guardian - 0 views

www.theguardian.com/...orest-50-per-cent-oxfam-report

shared by Bryan Pregon on 21 Jan 19 - No Cached
  • Bryan Pregon on 21 Jan 19
     
    "The growing concentration of the world's wealth has been highlighted by a report showing that the 26 richest billionaires own as many assets as the 3.8 billion people who make up the poorest half of the planet's population."
Landon Mohr

World's growing inequality is 'ticking time bomb': Nobel laureate - 0 views

www.cnbc.com/...bomb-nobel-laureate-yunus.html

shared by Landon Mohr on 02 Dec 16 - No Cached
  • Landon Mohr on 02 Dec 16
     
    To break free from an unequal financial system that disadvantages the poor, people should use their creative energy to become entrepreneurs themselves and spread wealth among a broader base of citizens, said Yunus.
masoncutting

Finland wants to give every adult a basic income of 800 euros a month - 1 views

money.cnn.com/...index.html

shared by masoncutting on 08 Dec 15 - No Cached
  • masoncutting on 08 Dec 15
     
    The Finnish government, elected earlier this year, is planning to introduce a tax-free monthly payment of 800 euros ($865) to all adult Finns, regardless of income, wealth or employment status. The payment would replace most other state benefits. The government thinks that the move will actually save money.
Bryan Pregon

Democrats Propose Phasing in $15 Minimum Wage Over Five Years - Bloomberg - 34 views

www.bloomberg.com/...-bill-ahead-of-stimulus-action

shared by Bryan Pregon on 27 Jan 21 - No Cached
  • Bryan Pregon on 27 Jan 21
     
    What is your view on increasing the minimum wage? This is a BIG topic that I'm sure has perspectives on both sides.
  • ...31 more comments...
  • bigslide on 27 Jan 21
     
    I think it's about perspective. a more privileged person can live without this change, they would be fine. But for others, going to college is not an option. Either because they don't have enough money, or they're just too busy with kids and keeping the house for them. Money should be livable. 1000$ a month is great for normal teens who just want some cash, but for people who work to live, 1000$ is not enough. People need to pay bills, hospital bills, food, water, shelter. It's not just "poor people", it everyone who is struggling, which is a lot more than you think.
  • wnichols1416 on 27 Jan 21
     
    I feel like its normal all its going to do is up the price to everything making no change besides the price to things
  • alanmartinez01 on 27 Jan 21
     
    This can have many outcomes but personally, I think it will cause inflation and nothing will change other than the price of items
  • masonmascarenas on 27 Jan 21
     
    The idea of raising the minimum wage is a good idea however 15 dollars an hour is a good amount of money which is more likely to raise the cost of living bringing us back to square one.
  • rileegood on 27 Jan 21
     
    I think the minimum wage should be raised. The minimum wage in many other countries makes so much more sense, as people can actually live off them. With how low ours is, people are struggling immensely.
  • qanderson136 on 27 Jan 21
     
    I do not think raising the minimum wage is the right move because there are very many small businesses that will not be able to survive also, I believe that this will cause major inflation, making everything more expensive, so overall raising the minimum wage wouldn't be making things any better.
  • thepriceisright on 27 Jan 21
     
    Inflation is making the prices of houses go up anyway regardless of the minimum wage, so we need to make the minimum wage compatible with modern prices. I don't know if I believe it should be 15$ but it should be more than it is now.
  • owenjacobs on 27 Jan 21
     
    i don't think that raising the minimum wage to $15 is necessary, with the way the wage is set up now it give people an incentive to move up in life for a better job better pay. You may work at burger king for $9 an hour, that's not a lot so you want to do better and get a better job that pays 15 an hour but if you start out at 15 there is not really any incentive to move up in life when you can do better and achieve higher for your self and your family
  • vperez191 on 27 Jan 21
     
    I think it is a good idea to raise the minimum wage because it is pretty low but we should not raise it that much because It could be hard for the smaller businesses
  • thomaschau on 27 Jan 21
     
    I think raising the minimum wage would only cause a business to increase their prices on products to make up the amount of money they're paying employees so we would just have another problem to deal with.
  • arosas733 on 27 Jan 21
     
    I think that raising the minimum wage could be good but also bad. I personally think $15 would be too high and somewhere around $9-$11 would be a better option as it is a little low right now. Would raise costs of living but not by too much, and raising the minimum wage already could increase tax revenue. But from the article, it says they aim to increase to $9.25 then $15 by 2025, but I still believe by then it still is a pretty high number and prices of things will increase by a lot.
  • hschimmer540 on 27 Jan 21
     
    I think raising the minimum wage will only cost businesses to suffer especially small businesses because they aren't making a lot, to begin with, and businesses will have to raise their prices to make back the money they are losing.
  • hschimmer540 on 27 Jan 21
     
    I agree with both Thomas and Amirah we all had the same points and seem to have pretty much the same point of view on the subject.
  • joeypo10 on 27 Jan 21
     
    I feel like if we raise the minimum wage people that worked for the pay they deserved will feel like they did all that for nothing and eventually all the workers will lose their work ethic and we will have worse products. On the other hand people that are already doing subpar work will be getting decent pay for terrible work. This just means there getting rewarded for doing a bad job. Just makes no sense.
  • allisonwalker on 27 Jan 21
     
    I think that raising the minimum wage can be beneficial; for those who are working long days and not making enough to live without help from the government. If we raise the minimum wage, then those who are suffering will able to live a little better.
  • jacobknauss on 27 Jan 21
     
    I think raising the minimum wage would just have a negative effect on smaller businesses and the economy in general. It would be pointless raising the minimum wage because of inflation. Some of you guys are saying the cost of living is currently too high so raising the wage would be a good thing for them. What some of y'all don't understand is that raising the minimum wage will also raise the cost of living.
  • noahsandbothe on 27 Jan 21
     
    Raising the minimum wage is a good idea. As the article says it would be over 5 years and there are many cities that have a $15 minimum wage and inflation isn't jacking up prices to an unbearable extent. No matter if the minimum wage was increased inflation will continue to rise and that will just put minimum wage workers in a worse situation with the same amount of money for more expensive food, water, clothes, etc.
  • akrimmel345 on 27 Jan 21
     
    It seems better because you have the chance to make more money, but in my opinion all this does is inflate everything else over time.
  • qanderson136 on 28 Jan 21
     
    Raising the minimum wage will cause all businesses who have people working for under $15 an hour to raise their prices on their goods, this would make pretty much everything you buy more expensive like groceries, gas, and everyday necessities more expensive. Also across the US the minimum wage changes so for example Denver CO which is an expensive city to live in already had their minimum wage set at $14.77. There are also small rural towns in Iowa which are cheap to live in so there is no need to have a $15 minimum wage there.
  • brandonwch on 01 Feb 21
     
    It's not just important for the minimum wage to rise, it's a necessity. In fact, 15$ isn't enough! It's what was asked for years ago, and inflation has changed since then. Our minimum wage has, in fact, fallen over the years due to inflation. Prices won't raise by any significant margin. According to business insider (https://www.businessinsider.com/denmark-mcdonalds-pays-20-hourly-wages-2014-10), we could double the wages of employees, and give them benifits, and the prices of goods would be barely changed. Inflation will increase with or without an increase in the minimum wage, because it has increased in the past few years without one. An increase in the minimum wage would help people buy more. Finally, the idea that prices *have* to go up is bull. Nothing *has* to happen. McDonalds doesn't *have* to raise prices if wages were increased, because they would still make a massive profit, just not as absurd of one as they make now.
  • saraivargas on 01 Feb 21
     
    I believe if they raise the minimum wage they would need to increase every job as well,for example if you make above $15 and hour you would need to raise your wage as well. This would need to be done over the course of years however. We can't raise it all in such a small amount of time.
  • qanderson136 on 01 Feb 21
     
    Brandon, according to your source, McDonald's "has warned that wage increases would force franchisees to raise menu prices." Also, I have read your article and have failed to find the spot where it says that after wages have been doubled and employees have been given extra benefits that prices of goods wouldn't change. It was comparing Denmark to the US when Denmark was one of the most expensive places to live in the world so it would also not be fair or accurate to compare them.
  • zeaksorensen on 01 Feb 21
     
    I think this will affect different groups differently. with people who never had money problem's not really being affected by this, and those who have will be greatly affected because of the change in income.
  • gbrochu915 on 01 Feb 21
     
    What I think is that it is good and I think it is bad in a way because if we raise the minimum wage to $15 and hour we would most likely have to raise the good paying jobs as well, and I want to think it is good because for the people who do only make minimum wage right now they would be able to afford more and be able to live better and not have to worry as much but then again, I think that would raise the prices to live and its would just be a big loop coming back to this.
  • matts999 on 01 Feb 21
     
    We should increase minimum wave because those who have money problems or are in debt will be ebal to get back on their feet quicker and with less help.
  • gavync_alhs on 01 Feb 21
     
    It would seem useless to a lot of people, but I kinda see it as an opportunity for teens who are saving money for the future. With that additional money, a teen can save much more than they usually do. The minimum wage might not help people who are struggling to get by, but for teens, it would be a nice boost.
  • jdogan on 01 Feb 21
     
    I think raising the minimum wage is a good idea because as of right now the minimum wage isn't a livable wage. The cost of living along with inflation has been rising consistently but the minimum wage hasn't changed in a very long time. So as of now, even the richest companies have no incentive to raise wages. Forcing them to raise their wages is really the only solution to cut into the massive wealth difference between the upperclass and the lower middle class.
  • haileejoy on 03 Feb 21
     
    i think we should raise minimum wage because even now its a lot more common for teens to be left on their own to buy things they need. some teens have more responsibilities than others and the current minimum wage does next to nothing in terms of help. i know tons of people in the same situation as me where they are struggling to buy things for their children while paying other bills because the highest paying job theyre able to get is still only $11 an hour. i just think minimum wage needs to be changed to reflect current situations in america.
  • mynameisjeff1 on 08 Feb 21
     
    The minimum wage isn't enough to live on right now, and with inflation being an economic factor the price of living with follow the phasing in of a $15 minimum wage. We don't need to keep on raising the minimum wage, but instead work on lowering the cost of living.
  • cadenoles on 08 Feb 21
     
    I think we should definitely raise the minimum wage. If we raise it students can put more into savings and prepare themselves for the world. If a student makes 15 dollars an hour, works 18 hours a week, and puts half of it away for 2 years they will have $12,312 dollars after taxes. This can cover everything a graduate needs to keep on their feet for a good half-year.
  • bklopp601 on 08 Feb 21
     
    I think we should raise the minimum raise to $15 dollars because $7 dollars isn't enough to help others that have a big family in their house.
  • tsilva588 on 08 Feb 21
     
    Personally, I believe we should not raise the minimum wage because there's a reason it's minimum wage because they're minimum jobs. A slight rise in the adult minimum wage would be fine due to them needing to support what they have but the youth wage can stay the same.
  • jtaulborg103 on 08 Feb 21
     
    I think raising the minimum wage is a good idea. People can't live off of $7.00 to provide for their families. Some people don't have a better education or aren't a good fit for a higher paying job and $7.00 isn't enough.
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