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Forum Post: "The Price of Inequality "

Posted 5 years ago on June 5, 2012, 7:44 a.m. EST by uhandleit (43)
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New book by Nobel Peace Prize Economist, Joseph Stiglitz, is very interesting. Most Americans are worse off than they were a decade ago (SURPRISE} The US has the biggest gap between the 1% and the 99% than any other modern country. Working women are still paid .77 cents on the dollar compared to men. Good read!!!!



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[-] 3 points by bensdad (8977) 5 years ago

From his book ( yeah we know this - but its useful to have it in print ) In the last 30 years,
the wealth of the top 1% has doubled
the wealth of the top 0.1% has tripled

and the statistical likelyhood of moving from the 99% to the 1% is lowest in America compared to all other countries

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