Tuesday, January 28, 2014

6 Ways Extreme Income Inequality Is Making Your Life Worse | ThinkProgress

6 Ways Extreme Income Inequality Is Making Your Life Worse | ThinkProgress



President Barack Obama will focus on what he has described as “the defining challenge of our time” during the State of the Union address on Tuesday: the nation’s growing gap between the rich and poor. What economists saw as a temporary aberration in the early 1970s — the first time since the end of World War II when the incomes of lower- and middle-income Americans failed to keep pace with those of the rich — has in the intervening 40 years become a full-blown crisis.
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