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The new report on wealth inequality comes from the nonpartisan Congressional Budget Office. America's top 10% controls 60% of the wealth. The bottom half holds 6%.
Although some spoke out in favor of moderate inequality as a form of incentive, [296] [297] others warned against excessive levels of inequality, including Robert J. Shiller, (who called rising economic inequality "the most important problem that we are facing now today"), [298] former Federal Reserve Board chairman Alan Greenspan, ("This is ...
The latter category of respondents contains higher rates of women than men (by a ratio greater than 10:1) due to societal norms in the United States for women to take care of children in the family. [101] Child-rearing may account for a contributing cause of inequality in educational outcomes among men and women in the United States.
Wages are also determined by the "market price of a skill" at that current time. Although gender inequality is a separate social issue, it plays a role in economic inequality. According to the U.S. Census Report, in America the median full-time salary for women is 77 percent of that for men.
Dividend payouts to shareholders by companies in the S&P 500 reached a new record in 2023, and that number is projected to grow in 2024, according to data from the CME Group.
New Orleans has the highest income inequality of major U.S. cities. While the highest earners make 7.8 times as much as the lowest earners in New Orleans, they still earn lower than average ...
The photographic work of LaToya Ruby Frazier includes both images of personal spaces, intensely private moments and the story of racial and economic injustice in America. Her work includes raw portraits of friends and family members in intimate moments and examples of social injustice.
The average income of the top 20% residing in certain U.S. cities is within a comfortable six-figure range whereas the bottom 20%, for many cities, exists in the poverty threshold. Which cities ...