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Obama On Income Inequality - Business Insider - 11 views

www.businessinsider.com/ma-on-income-inequality-2015-2

income lowder5 pendse

shared by hcps-pendsedm on 10 Feb 15 - No Cached
  • hcps-pendsedm on 10 Feb 15
     
    President Obama says that income inequality is also affected by what is going on globally.
hcps-pendsedm

Wealth inequality in the U.S. is 10 times worse than income inequality - Fortune - 10 views

fortune.com/...inequality-wealth-income-us

income lowder5 pendse

shared by hcps-pendsedm on 02 Feb 15 - No Cached
  • hcps-kochcw on 02 Feb 15
     
    "There is no dispute that income inequality has been on the rise in the United States for the past four decades. The share of total income earned by the top 1 percent of families was less than 10 percent in the late 1970s but now exceeds 20 percent as of the end of 2012. A large portion of this increase is due to an upsurge in the labor incomes earned by senior company executives and successful entrepreneurs." This article helps to understand how and why income inequality is a problem and how its growing the the US.
  • ...4 more comments...
  • hcps-fridayaj on 02 Feb 15
     
    "There has been a collapse in inter-generational mobility: in contrast to their parents and grandparents, children today in the UK as in the US have very little expectation of improving upon the condition into which they were born. The poor stay poor." This article talks about the increased concern on the topic of income inequality, as the awareness becomes more apparent. The article states that the gap in wealth between American households are more extreme than any other time since the Great Depression.
  • hcps-deshparm1 on 02 Feb 15
     
    This article explains that the income has been more extreme since the Great Depression. There is a graph that shows the difference of income over the years.
  • hcps-raopv on 03 Feb 15
     
    "...in America, the wealthiest 160,000 families own as much wealth as the poorest 145 million families, and that wealth is about 10 times as unequal as income." A new study shows that the gap in the wealth that different American households have accumulated is more extreme than any at time since the Great Depression. It also states why it's bad and some causes of the inequality.
  • hcps-shaikhtv on 09 Feb 15
     
    This unique article discusses the gap in income as compared to classes of other countries.
  • hcps-shaikhtv on 09 Feb 15
     
    This unique article discusses the gap in income as compared to classes of other countries.
  • hcps-pendsedm on 10 Feb 15
     
    The income level has created a gap between classes that is as big as it was during the Great Depression.
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