income inequality – News Stories About income inequality - Page 4

Income of Top 1% Shot Up 275% Since 1979: CBO

Oct 26, 2011 7:52 AM CDT

Income of Top 1% Shot Up 275% Since 1979: CBO

And in the process more than doubled their share of all income

(Newser) - The top 1% of income earners saw their after-tax income shoot up a whopping 275% between 1979 and 2007, and in the process more than doubled their share of all income, jumping from 8% to 17%, according to a new report from the Congressional Budget Office . The rest of the...

Occupiers Are
Democracy's
'Primal Scream'

Nicholas Kristof

Oct 16, 2011 11:02 AM CDT

Occupiers Are Democracy's 'Primal Scream'

From Tahrir Square to Wall Street, protesters feel society rigged, says Kristof

(Newser) - Don't underestimate the parallels between Tahrir Square and Occupy Wall Street, writes Nicholas Kristof in the New York Times . He's interviewed plenty of protesters in both locations, and he says that people's responses were largely the same, the feeling that a small ruling elite is rigging the...

US Should Copy Model
of Its 'Lefty' Military

nicholas kristof

Jun 16, 2011 12:04 PM CDT

US Should Copy Model of Its 'Lefty' Military

It stresses people, education, and income equality: Nicholas Kristof

(Newser) - America is desperate to find ways out of its funk, and Nicholas Kristof thinks it would do well to copy a liberal-sounding model from an unlikely place—the US military. "The United States armed forces knit together whites, blacks, Asians, and Hispanics from diverse backgrounds, invests in their education...

Dear Top 1%:
Payback Is a ...

OPINION

Apr 6, 2011 1:55 PM CDT

Dear Top 1%: Payback Is a ...

Richies are going to regret shafting everyone else: Stiglitz

(Newser) - Revolution is raging in the Middle East, in societies that all have one thing in common: 1% or less of their population controls the lion’s share of the wealth. “As we gaze out at the popular fervor in the streets, one question to ask ourselves is this: When...

US Is Worse Than
Banana Republics

Nicholas Kristof

Nov 18, 2010 12:59 PM CST

US Is Worse Than Banana Republics

Yet somehow we need to give the rich tax breaks?

(Newser) - It’s tempting to say that the US now has a banana republic-level income inequality, but that’s not fair—to banana republics. “The truth is that Latin America has matured and become more equal,” writes Nicholas Kristof of the New York Times , even as the US has...