U.S. Income Inequality Has Reached Pre-War Europe Levels

Discussion in 'News / Current Events' started by Crabtownboy, Dec 19, 2013.

  1. Crabtownboy

    Crabtownboy
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 12, 2008
    Messages:
    16,609
    Likes Received:
    157
    We are in trouble and headed for more if the GOP gets its way.



     
  2. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,287
    Likes Received:
    780
    ...The vast majority of the population have suffered a decline in living standards over the past three years. Between 2009 and 2012, the income for the bottom 90 percent of the population fell significantly, by nearly 2 percent. The bottom 99 percent saw a negligible increase (0.4 percent), while the top 1 percent increased 31.43 percent and the top 0.01 percent increased nearly 50 percent (see Figure 2).

    http://www.wsws.org/en/articles/2013/09/12/ineq-s12.html


    And it happened under Obama's watch.
     
  3. InTheLight

    InTheLight
    Expand Collapse
    Well-Known Member

    Joined:
    Dec 17, 2010
    Messages:
    16,186
    Likes Received:
    611
    Ahem... Please explain why income inequality is dangerous.
     
  4. Crabtownboy

    Crabtownboy
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 12, 2008
    Messages:
    16,609
    Likes Received:
    157
    Read you history.
     

Share This Page

Loading...