Addressing the Huge & Growing Wealth & Income Gap between the Richest 1% and the Rest of Americans
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The Rich are getting Richer & Richer over the last 40 years, While the Middle Class is Suffering. This Growing Wealth Gap is one of the Biggest Problems facing America (Video)
YouTube Video by CBS This Morning According to reporting by CBS This Morning, “The growing gap between rich and poor Americans is one of the U.S.’s biggest challenges facing the Country, with the top 1% controlling more wealth now than at any time in the last 50 years.” “A recent survey found that over half
What Happened to the American Middle Class?
Video by Trade Off (https://bit.ly/2KWfcjk) “The financial crisis is hitting middle-class America, as families are forced onto the streets. Some say it’s the end of the American dream but for others, this is a chance to redefine what’s important. With around 120,000 people declared bankrupt each month, many of the squeezed middle-class see the American
Why Wealth & Income Inequality has been Growing in the U.S. (Video by CNBC)
YouTube Video by CNBC As explained by CNBC in the notes to this Video: “For forty years, the U.S.-led global economy has produced an enormous improvement in human welfare. … At the same time, income inequality has surged in countries with advanced economics. Nowhere has it surged more than the United States, where reliance
Surviving an Unlivable Wage | Full Documentary
Documentary Video by CBS “The restaurant industry has driven a significant amount of economic growth since the Great Recession, but many restaurant employees continue to end up hungry due to a two-tiered wage system that allows tipped workers to be paid as little as $2.13 an hour. CBS Reports’ Adam Yamaguchi travels to Indiana to
The top 1% of Americans saw their wealth grow over 3 times faster than the Middle Class over the last 10 years, and even during the COVID Pandemic, Billionaires’ wealth has soared 70%!
The Growing Wealth Gap in America over the last 10 Years “[M]iddle class families went from owning 12% of wealth in 1990 to 7% in 2020,” according to an article and data published on March 22, 2021 and updated March 30, 2021, by USAFacts.org, a nonprofit organization that collects and presents statistics and data from
The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax
by Jesse Eisinger, Jeff Ernsthausen and Paul Kiel This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Series: The Secret IRS Files Inside the Tax Records of the .001% In 2007, Jeff Bezos, then
A Look at Income Inequality in the U.S. (Video by Time)
YouTube Video by Time, Inc. “Income inequality has always existed in the U.S., but the gap between rich and poor hasn’t always been as wide as it is today.” This Video by Time graphically explains the enormous gap in income between the richest and middle class Americans today, and how this inequality has grown dramatically
How U.S. Wealth Was Concentrated in 2019 – Video by the Federal Reserve Bank of St. Louis
Video by Federal Reserve Bank of St. Louis
