The Stanford Center for the Study of Poverty and Inequality - 20 Facts About U.S. Inequality that Everyone Should Know. Img.slate.com/media/3/100914_NoahT_GreatDivergence.pdf. Why the Rich Are Getting Richer. The U.S. economy appears to be coming apart at the seams.
Unemployment remains at nearly ten percent, the highest level in almost 30 years; foreclosures have forced millions of Americans out of their homes; and real incomes have fallen faster and further than at any time since the Great Depression. Many of those laid off fear that the jobs they have lost -- the secure, often unionized, industrial jobs that provided wealth, security, and opportunity -- will never return. They are probably right. And yet a curious thing has happened in the midst of all this misery. Executive pay: the high cost of market failure. Taking it to the streets ... a protester holds a sign during an "Occupy Wall Street" rally in New York's Washington Square at the weekend.
Photo: Reuters When it comes to executive pay, the market is broken. Taxing the wealthy: Diving into the rich pool. 0.5D2 (490×419)