U.S. income inequality is bad, but wealth inequality is a bigger problem - LA Times - 4 views
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hcps-crawlejl1 on 02 Feb 15"Wealth inequality is also an artifact of income inequality; the two trends work together to magnify the former. As the bottom 90% struggle to make ends meet on stagnant incomes, they're unable to accumulate savings. "Today, the top 1% save about 35% of their income," the authors write, "while bottom 90% families save about zero."" This article can be summarized in saying that income inequality is a significant issue because it goes hand in hand with wealth inequality, which is a serious issue.