Cartoon – Liberal vs. Conservative Economic Fantasy
Tag: economy
WHAT’S THE WORLD’S TOP PROBLEM?
WIN/Gallup International asked 66,806 people in 65 nations. Here’s a sampling of what they said:
Read moreCartoon – The 1% Have It All
Cartoon – Putting The Christ Back In Christmas
Eight Men Who Are Doing Quite Well
A notice appeared in the paper recently with the names and faces of eight men who have a combined wealth of $426 billion. According to Oxfam International, in 2015 this would have equaled the amount of wealth held by half the world’s population, the poorest half. Oxfam International is a confederation of charitable organizations in 90 countries seeking to stop the injustices that […]
Read moreInside America’s Poorest County
The richest counties got richer and the poorer got poorer in the last decade, according to census reports. The poorest county turns out to be in the heart of Appalachia — Owsley County, Ky. Owsley had the lowest median household income outside of Puerto Rico, according to census results. In Owsley, the median household income is $19,351. Over 41 […]
Read moreWelfare – Not Just The Poor Who Benefit
In America, 7 out of 10 people are on Welfare. That’s the percentage of people who receive more in gov’t benefits than they pay in taxes, according to a new Tax Foundation study. Some of these beneficiaries of Uncle Sam’s handouts are the poor; another new study, by the Cato Foundation, found that families collecting various welfare benefits, including food […]
Read moreIncome inequality in china
China’s wealth gap has widened so much that the country now one of the most unequal outside of sub-Saharan Africa. A respected Chinese institute found this week that China’s Gini coefficient, a number that represents income inequality, has soared from 0.41 a decade ago to 0.61 today. Anything over 0.5 is considered to be destabilizing, and South Africa, where opulent […]
Read moreA NATIONAL TREND
SINCE 2006 THE INCOME GAP BETWEEN RICH AND POOR HAS GROWN \H THE 15 LARGEST U.S. CITIES
Read moreWages set to fall unless warming is tackled
Researchers say the economic costs of failing to take action on climate change will be much greater than previously thought – with average global incomes cut by almost a quarter. Even the strongest economy can overheat. As soon as the average annual temperature goes beyond 13°C or 55°F, productivity starts to drop. And, unexpectedly, new research in the US shows […]
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