15 Facts About U.S. Income Inequality That Everyone Should Know (CHARTS)
OPS_admin | Apr 05, 2011 | Comments 0
It might have taken a near-historic recession for many Americans to notice our country’s rapidly rising levels of income inequality, but the gap between rich and poor has finally gone mainstream, with bloggers, economists and policymakers of all stripes spouting theories on why we should or shouldn’t care.
And while the debate continues over cause and consequence, that central claim has proven unshakable: the gulf between the wealth of America’s richest and poorest is widening, and few signs show any indication of it slowing.
“Economists are not sure how to fully explain the growing inequality in America,” Nobel Prize-winning economist Joseph Stiglitz writes in a new piece for Vanity Fair this week. “But one big part of the reason we have so much inequality is that the top 1 percent want it that way.”
Full Story Here: 15 Facts About U.S. Income Inequality That Everyone Should Know (CHARTS).
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