Since 1979, income growth has risen at a faster rate for the country’s richest 1% — while only modestly growing for the bottom 99%. In other words, the American inequality problem is very real.
Bard College economist Pavlina Tcherneva has cooked up a frightening and much-shared income-inequality chart (see above) — “the most important chart about the American economy you’ll see this year,” ...
While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...
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In 2022, Chinese American households near the top of the income ladder earned over 19 times as much as Chinese American households near the bottom of the ladder. This gap was the largest across Asian ...
A new study published in Social Psychological and Personality Science has found that rising income inequality is associated with an increase in the number of hours people work. This relationship ...
Income inequality and carbon dioxide emissions for high-income nations such as the United States, Denmark and Canada are intrinsically linked – but a new study from Drexel University has taken a ...
Most voters are worried about the problem of income inequality, and the Democratic Party has a slight advantage on the issue. The latest Rasmussen Reports national telephone and online survey finds ...