China has the worst of American consumerism: Starbucks, McDonalds, posh designer clothing, more malls than people could ever need. The list goes on and on. If you think the 1980’s was the “me” decade, with Gordon Gekko telling us that “greed is good” you were wrong. 1,255 more words
Tags » Income Disparity
Watching the news, one get’s the feeling that the U.S. is automatically expected to fork over Billions in foreign aid, send military aid to world hotspots that angels fear to tread and broker peace between people and countries that have no desire. 203 more words
Warren Buffett walks into a skid row bar. Inside, nine men silently slump on their stools.
None of them has a job. Individually, they own almost nothing. 453 more words
In a 12-1-13 post (Can We Talk – Income Disparity?) this blog quoted world economist Branko Milanovic: ““Inequality studies are not particularly appreciated by the rich.” Indeed, Milanovic says he was “once told by the head of a prestigious think tank in Washington, D.C., that the institution’s board was very unlikely to fund any work that had income or wealth inequality in its title. 649 more words