Saturday, December 27, 2014

Think About It: The U.S. is Both the Richest Country and the Most Unequal: 8 Consequences of American Greed

http://www.alternet.org/economy/consequences-american-greed
"America is the richest country in all of history. We have the largest economy and the largest number of millionaires and billionaires. At the same time, we lead the developed world in economic inequality. In 1965, CEOs received $20 for every dollar earned by the average worker. Today the gap is $354 to $1.
These are more than cold statistics. They also tell the story of a nation in serious trouble. Runaway inequality is lacerating the fabric of our society. Here are a few of the festering wounds."