A NATIONAL TREND
SINCE 2006 THE INCOME GAP BETWEEN RICH AND POOR HAS GROWN \H THE 15 LARGEST U.S. CITIES
Read moreTag: wealth
Bob Marley Quote – Greatness of Man
“The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.” ― Bob Marley
Read moreWhen The Wealthy Go Camping
A New York City hotel is offering wealthy guests a chance to go “glamping”—glamorous camping—so they can experience the outdoors with four-star amenities. Guests at New York’s AKA Central Park can spend $2,000 a night to sleep on a queen bed on the terrace of the hotel’s penthouse. “It’s basically being able to sleep under the stars in a luxury […]
Read moreCartoon – The Art of Being Wealthy
Household Economics: Racial Distribution
Many experts consider the wealth gap to be more pernicious than the income gap, as it perpetuates from generation to generation and has a powerful effect on economic security and mobility. Young black people are much less likely than young white people to receive a large sum from their parents or other relatives to pay for college, start a business […]
Read moreShare of The Wold’s Wealth
Share of the world’s wealth that will be held by the richest 1% across the globe by 2016, according to a report from the antipoverty charity Oxfam: 50%
Read moreEight Men Who Are Doing Quite Well
A notice appeared in the paper recently with the names and faces of eight men who have a combined wealth of $426 billion. According to Oxfam International, in 2015 this would have equaled the amount of wealth held by half the world’s population, the poorest half. Oxfam International is a confederation of charitable organizations in 90 countries seeking to stop the injustices that […]
Read moreFranklin D. Roosevelt Quote – An Empty Stomach
“It is an unfortunate human failing that a full pocketbook often groans more loudly than an empty stomach.” – Franklin D. Roosevelt
Read moreInequality: Why the poor are getting poorer
Why is America a nation of growing inequality? The yawning economic and cultural gap between the well-to-do and the working class—now wider than at almost any point in our history—has academics and pundits searching for explanations. Now, a new Harvard study provides an illuminating—and “horrifying”—insight into what’s going on. The affluent and the working classes, the study found, are raising […]
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