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Income Gap

"Losing" the World

Noam Chomsky | Posted 04.15.2012 | Politics
Noam Chomsky

American decline is real, though the apocalyptic vision reflects the familiar ruling class perception that anything short of total control amounts to total disaster.

Alexander Eichler

Employment Rate For Young Adults Lowest In 60 Years | Alexander Eichler | Posted 02.09.2012 | Business

Are you young and looking for work? You're in good company. Just 54 percent of Americans ages 18 to 24 currently have jobs, according to a study re...

At Davos, Attendees Confront Income Inequality

The New York Times | ERIC PFANNER | Posted 01.25.2012 | Business

DAVOS, Switzerland -- A year ago at the World Economic Forum here, Jamie Dimon, the chief executive of JPMorgan Chase, lashed out at what he saw as un...

Rich People Live Longer Than The Poor, Study Finds

The Huffington Post | Bonnie Kavoussi | Posted 01.23.2012 | Business

Wealthy people possess more than just spending power. They also have more time to live than poor people do, a new study has found. The wealthiest p...

Dan Froomkin

Income Inequality Can Be Fought With Policies That Simultaneously Spur Growth, Report Finds | Dan Froomkin | Posted 01.23.2012 | Politics

Policies that boost economic growth don't necessarily accelerate income inequality -- they can actually reduce it, a group of economists from develope...

This Issue Is Causing More Conflict Than Race, Immigration And Other Hot-Button Topics

AP | By HOPE YEN | Posted 03.12.2012 | Business

WASHINGTON -- Tensions between the rich and poor are increasing and at their most intense level in nearly a quarter-century, a new survey shows. Ameri...

Wealth Gap Threatening Economies Around The World, Report Finds

Reuters | Posted 03.11.2012 | Business

* Growing income disparity threatens political backlash * WEF sees risk of globalisation unravelling * Report says fisca...

More Regressive Tax Code Contributed To Growing Income Inequality Before Crisis: Report

The Huffington Post | Jillian Berman | Posted 01.03.2012 | Business

A national shift toward a more regressive tax code played a significant role in further increasing the wealth gap in the years leading up to the finan...

What a Couple of Grandpas Learned at Occupy Detroit

Ronald Aronson | Posted 02.29.2012 | Detroit
Ronald Aronson

As two suburban grandfathers, we went to Grand Circus Park in Downtown Detroit last month before Occupy Detroit moved out of its encampment. We wanted to see what the next generation was up to.

The 99 Percent: Income Inequality by the Numbers

Jason Salzman | Posted 02.29.2012 | Denver
Jason Salzman

In all the hubbub of police marching in riot gear and protestors fleeing, chroniclers of the Occupy Movement sometimes forget to remind us what's at the heart of the matter. So, here's a crib sheet for anyone writing about Occupy in 2012.

Joy Resmovits

American Dream At Stake Before School Starts | Joy Resmovits | Posted 12.20.2011 | Education

As states revamp their early childhood education to grab a slice of federal education dollars, some education experts are urging policymakers to look ...

U.S. Income Inequality Higher Than Roman Empire's Levels: Study

The Huffington Post | Jillian Berman | Posted 12.19.2011 | Business

Many tout the U.S. as the Roman empire of the modern world. But as it turns out, that comparison may not be all good. Income inequality in America...

Six Walmart Heirs Worth Same Amount As Almost A Third Of Americans

Posted 12.09.2011 | Business

The Occupy Wall Street movement has brought increased focus on the disparity between the top one percent of earners and everyone else in the United St...

Americans' Household Wealth Takes Biggest Hit Since 2008

AP | DEREK KRAVITZ and DAVE CARPENTER | Posted 02.07.2012 | Business

WASHINGTON — Americans' wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and home values l...

As More Affluent Blacks Leave Cities, Income Gap Widening: Census

AP | JESSE WASHINGTON | Posted 02.07.2012 | Business

What happens within the black community when the gap widens between the poor and the affluent? That's one question raised by new census data showing w...

Labor Force's Share Of Income Plunges To Record Low

Posted 12.01.2011 | Business

The labor force's share of income has plunged to its lowest level since the measure was first recorded. The labor force's share of income -- or th...

Power to the People: They Have It Now But Haven't Used It

Ed Koch | Posted 01.28.2012 | New York
Ed Koch

Protesters in the streets often shout the slogan, "Power to the People." The people already have the power to change and improve our society by removing from office those elected officials who have failed in their obligations.

The Moral Challenge of 'Shared Sacrifice' to Income Inequality in the Second Decade of the 21st Century

Clarence B. Jones | Posted 01.26.2012 | Politics
Clarence B. Jones

The 2012 election will provide an opportunity for us to revisit the moral and religious values that have come to comprise the soul of America.

'Income Achievement Gap' Nearly Double Black-White Performance Gap

| Louis Freedberg | Posted 01.21.2012 | Education

This story comes to us courtesy of California's EdSource Extra. In a dramatic illustration of the impact of income inequality on how children do in...

Middle-Class Jobs Disappearing In Workforce Shift: Report

The Huffington Post | Alexander Eichler | Posted 11.21.2011 | Business

America is increasingly becoming a place of high- and low-skill jobs, with less room available for a middle class. A new report from the Federal R...

Colin Powell: Occupy Movement 'As American As Apple Pie'

Posted 01.11.2012 | Politics

The Occupy Wall Street demonstrations are "as American as apple pie," former Secretary of State Colin Powell said during a recent interview with CNN's...

Millionaires Far More Likely To Contact Congress, Study Says

The Huffington Post | Jordan Howard | Posted 01.08.2012 | Politics

People with a median wealth of at least $7.5 million are far more likely to have contacted their member of Congress than the average person, a new stu...

Dream Out Of Reach? Switching Income Classes More Difficult In Recent Years, Report Finds

Posted 01.07.2012 | Business

The American Dream, that well-worn belief that anyone can pick themselves up by their bootstraps, just isn't what it use to be. Income mobility, or...

Wealth Gap Between Young, Old Americans Is Widest Ever

AP | HOPE YEN | Posted 01.07.2012 | Business

WASHINGTON — The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn...

Congress' Wealth Increases Dramatically

The Huffington Post | Luke Johnson | Posted 01.01.2012 | Politics

Despite the economic recession and declining household wealth, the net wealth of members of Congress continues to rise, according to a Roll Call analy...