Income Inequality: Difference between revisions
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[https://www.americanprogress.org/article/6-policies-to-combat-inequality/ by Ben Olinsky 28/1/14 CAP] | [https://www.americanprogress.org/article/6-policies-to-combat-inequality/ by Ben Olinsky 28/1/14 CAP] | ||
When President Barack Obama gives his State of the Union address Tuesday, it is widely expected that he will focus on income inequality, making it a top-of-the-agenda item for this year and the remainder of his term. In his December speech hosted by the Center for American Progress, the president likely offered a preview of his message as he argued that a strong middle class helps drive economic growth | When President Barack Obama gives his State of the Union address Tuesday, it is widely expected that he will focus on income inequality, making it a top-of-the-agenda item for this year and the remainder of his term. In his December speech hosted by the Center for American Progress, the president likely offered a preview of his message as he argued that a strong middle class helps drive economic growth | ||
=====Income Inequality & Monopoly===== | |||
[https://www.openmarketsinstitute.org/learn/income-inequality-monopoly by OPEN MARKETS] | |||
America is more unequal than it has been in a century. The richest 0.1 percent of American families own as much wealth as the lower 90 percent of all American families combined. Between 1979 and 2007, the richest one percent took in 53.9 percent of all income growth. And wealth inequality grew even more dramatic in the wake of the great recession. The richest 7 percent expanded their average neat worth by more than 25 percent between 2009 and 2011, and whites claimed an even larger proportion of American wealth relative to Blacks and Hispanics. | |||
