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INCOME INEQUALITY
There is growing evidence that the United States is at historic levels of income inequality, as measured in the relative differences between the lowest and the highest income earners. This has important implication for union laws, the minimum wage, CEO pay, tax policy, and Obama's promise to strengthen the middle class with good jobs. With the financial crisis, questions associated with taxing the "very rich" because of the hardships suffered by everyone else will become even more significant.
Income Inequality is part of Business Exchange, suggested by
Bruce Judson.
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News
Recent news on this topic.
For its 2007-2012 Five Year economic plan India incorporated the concept of “Inclusive Growth”, which, in the most...
If the tax cuts become law, the next two years will be the best in living memory for many wealthy Americans to shield...
Facebook CEO Mark Zuckerberg is among 16 billionaires joining a group pledging to give the majority of their wealth to...
readers here: Here���s what���s interesting about this trend. Most of the people making the argument against income...
the security that many Americans had enjoyed in the post-World War II era, at the same time that income inequality has...
CompaniesEconomy International The Buzz Street Sweep Corrections Pre-market Trading After-hours Trading US Stocks Bonds...
Enlightenment. Aftershock by Robert B. Reich (Knopf). The former US Labor Secretary explores how 30 years of growing...
on, generation to generation. That's when societies become closed, stratified and divided. For old progressives,...
on, generation to generation. That's when societies become closed, stratified and divided. For old progressives,...
the country's economic growth, says Juzhong Zhuang, deputy chief economist of the Asian Development Bank, because...
elsewhere. It also claims a statistically significant link between this uptick in capital flight and an increase in...
George W. Bush and Congress slashed those rates without making offsetting spending cuts, surpluses turned to deficits...
Imagine that Democrats and Republicans somehow came together and agreed on a grand bargain to cut the deficit.
question. The bigger issue is whether the country can afford the systemic damage being done by the ever-growing income...
1950s. The economic hypothesis says that when an economy is primarily agricultural, it has a low level of income...
The issue is whether the country can afford the damage being done by the ever-growing income inequality between the...
next ten to 15 years on a sustainable basis," he said. He also said a reduction in income inequality and a...
that that the weak jobs recovery and continued fiscal and political constraints will unleash a new surge in income...
quantifies them through an inequality-adjusted HDI, which causes India to drop sharply down the ranks.
the business climate here. Should be interesting. The Economic Policy Institute put together an arresting graphic to...
avoid cutting expenditures that benefit the middle class and poor while cutting taxes for the wealthy, thus aggravating...
indicator either. It measures the average (not the median) which results in distorted figures in countries with great...
But the issue is much too important for him to resist. "I have had the chance to discuss income inequality with...
and where consumers might have high incomes, such as production of expensive clothes where free trade likely increased...
Top Sources: Income Inequality
- wbur.org
- itcouldhappenhere.com
- economist.com
- ihavenet.com
- Globe and Mail
- New York Times
- economywatch.com
- features.csmonitor.com
- online.wsj.com
- Guardian Unlimited
