Share of The Wold’s Wealth
Share of the world’s wealth that will be held by the richest 1% across the globe by 2016, according to a report from the antipoverty charity Oxfam: 50%
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Cartoon – In Another Universe
The wealthy taking up housing meant for the poor
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 […]
Read moreCartoon – Corporate Buddhism
The World’s Richest Individuals
According to a report from Oxfam the world’s eight richest people are worth as much as the 3.6 poorest people in the world. The total of their worth is $426 billion compared to 50% of the world’s poorest at $409 billion. The billionaires included in this list are Bill Gates ($75 billion), Warren Buffett ($61 billion), and Mark Zuckerberg ($45 […]
Read moreA NATIONAL TREND
SINCE 2006 THE INCOME GAP BETWEEN RICH AND POOR HAS GROWN \H THE 15 LARGEST U.S. CITIES
Read moreCartoon – Even Midas Had Problems
A Mothers Love
Inequality: Why the poor are getting poorer
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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