In the last two decades, wealth held by billionaires has quintupled. While inflation explains some of the increase, this has also been a period of very low inflation (54% in 20 years or less than 4%/year). 169 more words
Tags » Wealth Inequality
Bernie refers to himself as a Democratic Socialist, and we’ve looked at Democratic Socialist countries before in this blog.
There’s a reason that these people, with their “high taxes” are consistently listed in the top Happiest Countries on Earth. 536 more words
The May issue of The Atlantic features author and journalist Neal Gabler who laments the fact that he’s basically broke – unable to get his hands on a spare $400: “I am nowhere near rich, but I have typically made a solid middle – or even, at times, upper-middle-class income, which is about all a writer can expect, even a writer who also teaches and lectures and writes television scripts.” Subsequent… 1,429 more words