Category archive for: politics

Posted in politics

During Ronald Reagan’s terms as president, the percentage of GDP accounted for by manufacturing fell from 21% to 14%, and the percentage accounted for by finance rose from 14% to 21%. As between compensations awarded to the high-end and the low-end, the differential at last count in 2009 stood at 263 to 1.

Mon Mar 7th 2011

Dustin

Some statistics on the wealth gap

Posted in politics

400 people have as much wealth as half the US population • In 2007, the richest 1% of US households owned more than 33% of the nation’s private wealth, which is more than the combined wealth of the bottom 90 percent

Dustin LindenSmith

Category archive for: politics

Lewis Lapham on the job situation in the US (ca. 2010)

Some statistics on the wealth gap