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As President Trump settles back into his role as commander in chief, Professor Scott Galloway is issuing a stern warning to the entire country: America’s inequality crisis is at a tipping point.
"Wealth Inequality in America," a six-minute video produced by a YouTube user named "Politizane," casts an interesting angle on the plummeting savings rate. Set to depressing piano music and ...
7. "This generation of Americans has a rendezvous with destiny." 8. "I see one-third of a nation ill-housed, ill-clad, ill-nourished." 9. "Happiness lies not in the mere possession of money; it ...
[29] [30] Wealth inequality and income inequality have been central concerns among OWS protesters. [31] [32] [33] CBO data shows that in 1980, the top 1% earned 9.1% of all income, while in 2006 they earned 18.8% of all income. [34] Following the recession of the late 2000s (decade), the economy in the US continued to experience a jobless recovery.
The Myth of American Inequality is a 2022 book about American economics which asserts that "the federal government egregiously overstates the degree of inequality and poverty" in America. [1]
Income inequality has fluctuated considerably since measurements began around 1915, declining between peaks in the 1920s and 2007 (CBO data [2]) or 2012 (Piketty, Saez, Zucman data [15]). Inequality steadily increased from around 1979 to 2007, with a small reduction through 2016, [2] [16] [17] followed by an increase from 2016 to 2018. [18]
Straightforward data on earnings clearly shows a huge rise in inequality of pay in the US economy, write Elise Gould and Josh Bivens. Opinion: Why a new study gives a misleading view of inequality ...
"Show me the spot", Abraham Lincoln challenging the alleged incident of invasion by Mexico and loss of life, called the Thornton Affair, that precipitated the Mexican–American War. [ 2 ] " A house divided against itself cannot stand. ", opening lines of Abraham Lincoln's famous 1858 "A House Divided" speech , addressing the division between ...