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Wealth Gap

There's Rampant Income Inequality In Congress's Own Backyard

Reuters | Posted 05.01.2014 | Business

By Ian Simpson WASHINGTON, March 1 (Reuters) - President Barack Obama is making income inequality an issue in midterm elections, and ...

5 Tycoons Who Want To Close The Wealth Gap

AP | HANNAH DREIER | Posted 02.24.2014 | Impact

As the middle class struggles to make gains and President Barack Obama strives to shine a spotlight on the issue of income inequality, an unlikely con...

Why Wage Hikes Should Be All the Rage

Amy Traub | Posted 04.23.2014 | Business
Amy Traub

If large retailers increased pay for all of their U.S. retail workers to at least $12 an hour, more than 700,000 Americans would be lifted out of poverty, GDP would rise more than $11 billion a year, and more than 100,000 new jobs would be created.

Noam Chomsky: Nixon Was 'Last Liberal President'

The Huffington Post | Christine Conetta | Posted 02.25.2014 | Politics

Three Democrats have held the position of commander-in-chief since the Richard Nixon era, but if you ask philosopher Noam Chomsky, it was the 37th pre...

This Is the Year Liberals Take Back Religion from Conservatives

Deborah Caldwell | Posted 04.10.2014 | Religion
Deborah Caldwell

Sure, the religious right is still teamed up with conservative politicians in their battle against gay marriage, abortion, and immigration reform -- but the days of Americans actually heeding what they say is over.

Next Time Someone Argues For 'Trickle-Down' Economics, Show Them This

The Huffington Post | Kathleen Miles | Posted 02.17.2014 | Business

Conservatives like to say that "a rising tide lifts all boats." In other words, if an executive makes $20 million a year, his income will eventually t...

Let's Grow Wall Street and Main Street Together in 2014

Frank Islam | Posted 02.03.2014 | Business
Frank Islam

We have an economy that is currently distributing income and benefits quite well to about 20 percent -- especially to the top 1 percent -- but an economy that is doing little for the middle class and below -- the 80 percent.

This Is How Americans Are Grappling With Income Inequality

AP | By ADAM GELLER | Posted 04.04.2014 | Business

ASHBURN, Va. (AP) — The wealthiest county in America is settled deep in 4 a.m. slumber when Neal Breen threads the mini-mansion subdivisions and sno...

Poverty and the Education Opportunity Gap: Will the SOTU Step Up?

Kevin Welner | Posted 03.29.2014 | Education
Kevin Welner

Education researchers like me have been hoping policymakers will understand that poverty is the biggest impediment to children's academic success. Yet I worry that the President will slip from an accurate diagnosis to unproven and ineffectual treatments.

Davos Disconnects

Paul Stoller | Posted 03.29.2014 | Business
Paul Stoller

How can these economic leaders, the vast majority of whom have little direct experience with economic hardship, have any idea what to do about it? A one-hour radically chic sensitivity session is not likely change a corporate ethos in which the world is ruled rather than served by wealth.

Wealth of Forbes 400 Billionaires Equals Wealth of All 41 Million African-Americans

Chuck Collins | Posted 03.23.2014 | Money
Chuck Collins

In the aftermath of the 2008 economic meltdown, wealth owned by households of color declined dramatically, as home values collapsed, especially in urban areas. The wealth of the richest 1 percent also dropped, but rebounded quickly in subsequent years.

The Numbers Don't Lie

Daria Roithmayr | Posted 03.22.2014 | College
Daria Roithmayr

The lock-in model can help us to understand how it is that racial gaps may well persist indefinitely, even if all intentional discrimination were to end tomorrow.

Boomers and Urban Growth

Michael Hodin | Posted 03.18.2014 | Fifty
Michael Hodin

As Mayor De Blasio assumes his new office, he'd be wise to recognize the role of one of the city's critical constituencies: the aging population. It was just a couple of decades ago that many baby boomers made the critical life-decision to bet on the City, rather than flee to the suburbs.

Government of the Rich, by the Rich and for the Rich: It's Time for 'Militant Nonviolent Resistance'

John W. Whitehead | Posted 03.16.2014 | Politics
John W. Whitehead

We now live in a two-tiered system of governance. There are two sets of laws: one set for the government and its corporate allies, and another set for you and me.

Saving the American Middle Class

Dedrick Muhammad | Posted 02.08.2014 | DC
Dedrick Muhammad

And DC is not alone. Nationwide, cities like New York, New Orleans and Atlanta have economic inequality rates so high that the thread that once tied these cities together -- the ideals of community and shared prosperity -- is now frayed.

Kathleen Miles

The State With The Most Rich People Also Has The Highest Poverty Rate

HuffingtonPost.com | Kathleen Miles | Posted 11.15.2013 | Business

California has both the most ultra-wealthy individuals and the highest poverty rate of any U.S. state, according to recent reports. "This chasm is ...

Pennywise or Wealthy?

Deborah Owens | Posted 01.23.2014 | Women
Deborah Owens

If women take their increased earning power and make their financial security a priority, we will achieve the same type of success we have in closing the income gap.

Cities With The Widest Wealth Gaps

24/7 Wall St. | Michael B. Sauter, Alexander E.M. Hess and Thomas C. Frohlich | Posted 01.23.2014 | Business

From 24/7 Wall St.: The American middle class is shrinking. According to a report released earlier this year, an estimated 51% of the population was i...

These 2 Charts Prove We're Nowhere Near A ‘Post-Racial Society'

The Huffington Post | Maxwell Strachan | Posted 11.05.2013 | Business

White people only accounted for a little less than 64 percent of the U.S. population in 2010, according to the U.S. Census Bureau. So how do you expla...

No News Is Bad News

Marty Kaplan | Posted 01.23.2014 | Media
Marty Kaplan

If you think the widening chasm between the rich and the rest spells trouble for American democracy, have a look at the growing gulf between the information-rich and -poor.

The 1 Percent Hold Nearly Half Of Global Wealth

Reuters | Posted 10.09.2013 | Business

Oct 9 (Reuters) - Global wealth has risen by 68 percent over the past 10 years to reach a new all-time high of $241 trillion and the United States acc...

"Love Your Neighbor as Yourself": Failing Grade for Religious America

Bernard Starr | Posted 01.23.2014 | Religion
Bernard Starr

Listen to sermons throughout religious America and you are likely to hear variations on the lofty principle featured in both the Old and New Testaments: "Love your neighbor as yourself." But as we well know talk can be cheap.

U.S. Wealth Is Now the Most Concentrated at the Top Since 1916

Eric Zuesse | Posted 11.27.2013 | Politics
Eric Zuesse

Evidently, the trillions of dollars in bailouts to Wall Street banks and to their top investors, which didn't happen under FDR during the 1930s, has been having the result that Wall Street and their friends could be expected to have sought.

It's Class Warfare, Plain and Simple

David Macaray | Posted 11.26.2013 | Politics
David Macaray

The widening chasm between the middle-class and the rich, coupled with the on-going, systematic assault on organized labor, isn't simply the result of bad luck.

The Retirement Wealth Gap

Dedrick Muhammad | Posted 11.26.2013 | Black Voices
Dedrick Muhammad

Though 401(k) plans (a defined contribution retirement plan) are supposed to build wealth, a new study by the Economic Policy Institute suggests that these plans are actually exacerbating wealth inequality by not adequately providing for most people's retirement.