Wealth inequality was back in the news recently with President Obama’s State of the Union address, which focused in part on the growing gap between the rich and poor. Prior to the President’s speech, studies reported that the top wealthiest 1% possess 40% of the nation’s wealth, while the bottom 80% own just 7%. Whether it is described as wealth inequality, wealth disparity, or the wealth “gap,” the unequal distribution of assets among residents of the United States has been—andRead More
By now, you’ve seen the final medal count at the London Olympics, and no doubt felt a stirring of national pride. American athletes took home 104 total gold, silver and bronze medals, comfortably ahead of China (87), Russia (82), Great Britain (65), Germany (44), Japan (38), Australia (35), France (34), South Korea (28) and Italy (28).
Does that mean that we Americans–so often accused of being a nation of couch potatoes–are the most athletic people in the world? Total medalRead More
As we head into the election season, Washington insiders will tell you that the best way to sway undecided voters in an election is to take your tax dollars and promise to buy you something with it. This could be tax breaks, social programs, student loans, a myriad of loopholes for different corporate contributors; the list is too long to fit into this short article.
If you’re despairing about how this works in U.S. politics, consider Russia,Read More