The income gap between the rich and the poor has been steadily increasing for the past three decades, due to a variety of factors like tax cuts, the way they got everyone to start hating unions and labor organizers, an incredibly low minimum wage here and the ability for the super rich to hire 8-year-olds overseas for like, 10 cents a day. Between 1993 and 2012, the real incomes of the 1% grew a WHOPPING 86.1%, while those of the 99% grew pitiful 6.6%.The richest 1% in the US now have around 20% of our national wealth.
Posted on: Thu, 12 Sep 2013 17:59:27 +0000
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