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Stagnation: You Can’t Feed A Family With G.D.P.
By Neil Irwin New York Times, September 16, 2014 The most important thing to know about the state of the United States economy was revealed in a report Tuesday morning that Wall Street barely noticed....
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America Has More Low-Paying Jobs Than Any Other Developed Country
The U.S. has more low-paying jobs than any other country in the Organisation for Economic Co-operation and Development, an economic group of 34 developed countries, according to research by Morgan...
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Key Graph Shows: Rising Inequality Is A Political Choice
If you had any doubt the US economy had been rearchitected to favor the haves versus the have-lesses, this chart by Pavlina Tcherneva should settle it.
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Global Inequality Reaches Levels Not Seen in Nearly 200 Years
Photo: Dean Chahim/flickr/cc) “It is hard not to notice the sharp increase in income inequality experienced by the vast majority of countries from the 1980s,” the OECD report says. Global income...
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14 People Made More Money Than the Entire Food Stamp Budget for 50,000,000...
Above: Billionaire investor Warren Buffett. (Photo: Fortune Live Media / flickr / cc) For the second year in a row, America’s richest 14 individuals made more from their annual investments than the...
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Key Inequality Measure The Highest Since The Great Depression
The ratio of wealth to household income in the U.S., a measure of inequality, is the highest it has been since just before the Great Depression, Credit Suisse noted in a 64-page report on global wealth...
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