Cartoon – The 1% Have It All
Why is America a nation of growing inequality? The yawning economic and cultural gap between the well-to-do and the working class—now wider than at almost any point in our history—has academics and pundits searching for explanations. Now, a new Harvard study provides an illuminating—and “horrifying”—insight into what’s going on. The affluent and the working classes, the study found, are raising […]
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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 […]
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“It is an unfortunate human failing that a full pocketbook often groans more loudly than an empty stomach.” – Franklin D. Roosevelt
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Though New York City’s waiting list for subsidized housing stands at over 300,000, the agency still has only nominal ability to evict a tenant who once qualified but subsequently became wealthier, and the latest “beneficiary” of those rules, according to a November WPIX-TV report, is a household that reported earning $497,911 in a recent year. Initially, one housing authority official […]
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