iOS app Android app

Income Distribution

The Rich Aren't Rich Because They Work Harder. They Work Harder Because They're Rich!

Anthony W. Orlando | Posted 04.16.2014 | Politics
Anthony W. Orlando

The path to financial stability is harder to navigate than it has been in almost a century. And yet, the 99 percent forge ahead unappreciated by the fortunate few who reap the profits and call themselves deserving.

The One Chart You Need To See To Understand America's Mind-Blowing Income Gap

The Huffington Post | Posted 04.15.2013 | Business

Occupy Wall Street is all but gone, while income inequality appears here to stay. Such is life in the United States of America, where the divide betwe...

Why Inequality's Even Worse Than It Seems

Bloomberg View | Michael Kinsley | Posted 06.14.2012 | Business

Bloomberg View The current debate about rich and poor -- the 1 percent versus the 99 percent -- is a bit misleading because the evidence usually is...

Visualizing The Income Gap

Posted 12.25.2011 | Business

One of the focal points of the protests raging in Zuccotti Park and around the world is the sizable gap between the rich and everyone else. Yet as the...

We Have A Growth Crisis: Simon Johnson

Bloomberg News | Simon Johnson | Posted 10.15.2011 | Business

The U.S.’s fiscal problem is not that the market questions the country’s ability to pay its debts. The willingness to pay was clearly proved by th...

Growing Economic Inequality the Root Cause of Economic Stagnation

Robert Creamer | Posted 09.10.2011 | Business
Robert Creamer

Growing economic inequality as we have had in America for the past three decades directly impacts million of lives and destroys millions of dreams. It's not just about economic policy. It's about right and wrong.

Small, Median and Obscenely Large: There's Nothing Average About the Middle Class

Tony Phillips | Posted 08.21.2011 | Politics
Tony Phillips

SAN DIEGO -- I live with my wife and a 13-year-old and while each of us is different, we do all agree on some fundamental issues. Here are three thing...

Economic Collapse Was Foreseen

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

The Republican minority on the Financial Crisis Inquiry Commission asserts that the Commission Report's conclusion that the crisis was "avoidable" is mistaken.

CLASS WARFARE

Larry Beinhart | Posted 05.25.2011 | Politics
Larry Beinhart

We're in a class war. It's the corporations and the very wealthiest against all the rest of us. We're losing. In 1962 the wealthiest 1% of American h...

The Bush Tax Cuts and the Republican Cult of Affirmative Action

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Capitalists believe in rewarding success and punishing failure. Well, we have ten years of performance data on the Bush tax cuts, and they failed by every possible criterion.

How American Income Inequality Hit Levels Not Seen Since The Depression

Posted 10.19.2012 | Business

WASHINGTON (Reuters, By Emily Kaiser) - In 2007, when the world was on the brink of financial crisis, U.S. income inequality hit its highest mark sin...

Why the Right and the Left Won't Talk Seriously About Inequality

Frank Koller | Posted 05.25.2011 | Politics
Frank Koller

Both political parties have a short-term interest in simply avoiding making too much of the fact that America is becoming a more and more unequal society. Does that sound like good leadership to you?

American Kleptocracy: How Fears of Socialism and Fascism Hide Naked Theft

William J. Astore | Posted 05.25.2011 | Politics
William J. Astore

If we were to take an honest look at America's "losers" and "winners," we'd have to admit there weren't signs of onrushing socialism or fascism, but of staggeringly self-aggrandizing greed and theft right in the here and now.

Obama's Health Care Is 'The Biggest Attack' On Wealth Inequality In 20 Years: NYT

nytimes.com | David Leonhardt | Posted 05.25.2011 | Business

For all the political and economic uncertainties about health reform, at least one thing seems clear: The bill that President Obama signed on Tuesday ...

Income Inequality: Top 400 U.S. Earners See Income Rise 476% In Last 15 Years

epi.org | Lawrence Mishel | Posted 05.25.2011 | Business

The 400 American households with the highest incomes also have enjoyed a much faster pace of income growth than the vast majority. And, because tax r...

GOOD And Column Five Media Map Distribution Of Income By Religious Belief

GOOD | Posted 05.25.2011 | Religion

This transparency takes a look at the income levels of America's major religious groups, as compared to the average U.S. income distribution. ...

Gap Between LA's Rich And Poor Widening

LA Daily | Posted 05.25.2011 | Los Angeles

Los Angeles County. Home of The Hills, Rodeo Drive, and arguably the most exotic and high-end cars in the world. California has more billionaires than...

"Black Tuesday" and "Happy Days Are Here Again" at 80

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

In what must rank as one of the most ironic coincidences in history, "Happy Days Are Here Again" was recorded on the day that was to be called "Black Tuesday" and become synonymous with the with the onset of the Great Depression.

Reducing America's Economic Polarization Will Lead to Political Comity

Robert Creamer | Posted 05.25.2011 | Politics
Robert Creamer

If you want to do something about the political polarization of Congress, you have to deal with the underlying cause. You have to reduce the growing level of income inequality in America

An Estate Tax Victory By Any Other Name

Chuck Collins | Posted 05.25.2011 | Politics
Chuck Collins

Sometimes you can't declare victory until the other side concedes defeat. That's what happened Monday in the decade-long struggle over the future of the estate tax, our nation's only levy on inherited wealth.

Income Inequality Widens, Poor Take Big Hit During Recession

AP | HOPE YEN | Posted 05.25.2011 | Business

WASHINGTON — The recession has hit middle-income and poor families hardest, widening the economic gap between the richest and poorest Americans ...