The New York Times recently had a very interesting topic for its feature, Room for Debate, it addressed the growing inequality of wealth in the United States of America. The median income in America is lower now than it was 30 years ago. As to Americans’ thoughts about the distribution of wealth, here’s a disturbing graphic:
See more information here.
It seems the only redistribution of wealth in this country that has actually happened has been to the rich from the poor. One could draw a possible correlation, let’s look at the historical tax rate:
For more on this topic, please check out The New York Time’s Room for Debate.
Ed. Note: Sorry for the recent lack of activity, midterms and spring break has had me occupied. We’re still working on getting a new site up and running, so keep checking back for new surprises!
