accountLiterature is rife with quotes and vignettes illustrating the gulf between the rich and everyone else.
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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
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MIAMI (Reuters) - U.S. President-elect Barack Obama has promised to confront income inequality and the falling fortunes...
After years of watching the top echelons of corporate management take home billions, shareholders want to know: Will...
$1.6 billion of your tax dollars went straight to bailed-out bank execs--as compensation for running their firms and...
More companies are executing their own bailouts -- for holders of worthless stock options. Thirty-five companies,...
The Obama team cast its eyes toward workers' economic anxiety Sunday with the naming of a high-level task force to be...
Plummeting home values, dwindling incomes and the near disappearance of credit have proved a potent mixture.
It may be the season to be wealthy — at least on Wall Street, where banks are awarding annual bonuses despite a growing...
Americans: flat or declining real wages; higher costs for the basics, such as food, health care, and education; a...
To understand how the country got to this point of historic inequality, and why American middle class upward mobility...
The collapse of the housing market has left a trail of economic ruin and financial insecurity for millions of working...
A shocking four million New Yorkers are struggling to pay for groceries, according to a study by the Food Bank for New...
not serve the interests of American workers,' DeMoro said. 'With rising unemployment, escalating problems with...
E. Stanley O’Neal, the former chief executive of Merrill Lynch, March 2008 For Dow Kim, 2006 was a very good year.
The really rich keep getting richer. The nation's top 400 taxpayers reported a total of $85.6 billion of income on...
For years now, there has been growing concern about the so-called middle-class squeeze. Some people talk about...
Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street...
The day after Thanksgiving, Glen O'Brien had bad news for his two children, who were visiting from college.
plays an important role in determining the distribution of household income. Cash benefits have the largest impact,...
At the beginning of every recession, there are people who see the downturn as an occasion for moral revival: Americans...
THE new president will have a clear mandate to redress economic inequality. During the campaign, John McCain made sure...
How is the middle class faring as the economic crisis unfolds.
Larry Summers is concerned about the future of the middle class in America
Retired neurologist William Bernstein is probably known for his investment books The Intelligent Asset Allocator and...
In the last 20-plus years, overall economic growth in the United States has come at a cost: rising income inequality,...
Top Sources: Income Inequality
- wbur.org
- itcouldhappenhere.com
- economist.com
- Globe and Mail
- New York Times
- ihavenet.com
- features.csmonitor.com
- online.wsj.com
- economywatch.com
- Guardian Unlimited
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Executive Director, Georgetown Center on Poverty, Inequality and Public Policy
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