Inequality Defines the American Election
The US election is less than a month away. With so much focus on the large gap between the rich and the poor in this year’s race, a slightly altered version of James Carville’s 1992 mantra captures the election quite well: 'It's the inequality, stupid.'
Inequality divides the United States. In 2015, the top 5 per cent of Americans earned about 16 times more than the bottom 10 per cent. There has been some recent positive news on closing the income gap from the Census Bureau, indicating that the median household income rose by 5.2 per cent between 2014 and 2015. … Seguir leyendo »