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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If we don't change our ways soon...
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.-Thom(Is there any chance we will learn in time? Tell us here.) -
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
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