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laurentarin

Trends in U.S. income and wealth inequality | Pew Research Center - 1 views

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    Household incomes are growing Upper-income households have seen more rapid growth in income Income growth has been most rapid for the top 5% of families The wealth of American families is currently no higher than its level two decades ago The wealth divide among upper-income families and middle- and lower-income families is sharp and rising The richest are getting richer faster Income inequality in the U.S has increased since 1980 and is greater than in peer countries
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    The report provides an overview of the changes occuring with U.S income and wealth inequality. It highlights key trends as wealth increases and addresses which groups of people are being most affected.
gilbertpacheco

Top 1% of U.S. Earners Now Hold More Wealth Than All of the Middle Class - 1 views

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    Is this a recipe for a social uprising fullscale class warfare revolt? Sure, maybe after the next Super Bowl/iPhone/Video Game Release. > Top 1%'s wealth jumped to a record 27% of the total: Fed data shows. > The top 1% represents about 1.3 million households who roughly make more than $500,000 a year -- out of a total of almost 130 million. > The middle 60% of U.S. households by income saw their combined assets drop to 26.6% of national wealth as of June, the lowest in Federal Reserve data going back three decades. For the first time, the super rich had a bigger share, at 27%. > The concentration of wealth in the hands of a fraction of the population is at the core of some of the country's major political battles.
jamesm9860

Corporate sustainability fails by selling more stuff - Futurity - 1 views

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    Article explains that even though 'greener" decisions are being made, the increase in wealth and subsequent demand negates most green efforts just due to volume. For example, we make more fuel efficient cars than we did 20 or 30 years ago, but we are producing 2x as many
jeff0brown0

When Child Care Costs Twice as Much as the Mortgage - 0 views

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    Child care costs are unrealistic even for middle-income earners
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