Alexandria Ocasio-Cortez (AOC), the youngest woman ever elected to Congress, at 29, has become a lightning rod. She was recruited to run against a corporate Democrat by activists of the Democratic Socialists of America (DSA), which has become a significant caucus within the Democratic Party. Her advocacy of a higher marginal tax rate (no, she […]
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Inequality
World’s 26 Richest Own Same as Poorest Half of Humanity: Oxfam
Piecemeal private services punish poor people and privilege elites
80% of Workers live Paycheck to Paycheck, and Federal ones are no Different
The percentage of U.S. households that have zero or negative wealth increased from 15.5 percent in 1983 to 21.2 percent today.
Is Alexandria Ocasio-Cortez Right that Tax Justice is Key to our Democratic Prospect?
US “much greater shares of national wealth and income going to the richest 1% than any other country.”
How Corporate Monopolies and High Prices are Making you Poor and Rich Richer
The more industries monopolize, the wider the gap between our richest and everyone else.
Wall Street, Inequality and the Anger of the People
( Tomdispatch.com ) – As we head into 2019, leaving the chaos of this year behind, a major question remains unanswered when it comes to the state of Main Street, not just here but across the planet. If the global economy really is booming, as many politicians claim, why are leaders and their parties around […]
What Does Inequality Cost the Average American? About $150,000
Americans pay a steep price for not spreading their wealth around as well as other developed countries.
Report: World’s Richest Got 20% Richer in 2017
A report published recently by Swiss bank UBS shows the world’s wealthiest are now worth $9.1 trillion, enough to spend $1 million per day for 30,000 years. In 2017, more than 2,000 billionaires around the world became even wealthier, pushing their collective fortunes to historic levels. According to a report recently published by Swiss bank […]
Whitey on the Moon Again?
The likelihood is that the government will pay for the lunar space station with borrowed money, making it enormously expensive