Thursday, January 23, 2014

A New Gilded Age Threatens The State Of Our Union

A New Gilded Age Threatens The State Of Our Union



The numbers are shocking -- assuming that we still have the capacity for shock -- and they will form the backdrop for President Barack Obama’s State of the Union speech on Tuesday. 



The president will declare himself a foe of “income inequality,” with good reason: As a nation, we have climbed out of the deep hole of the Great Recession, but we have not done so as a whole people. 



For the first time since precise recordkeeping began a century ago, 10 percent of Americans take in more than half the country’s income.

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