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wealth gap News

Op-Ed: Blast from the past — Middle class has least wealth since 1940

A new sound bite may make the midterm rounds this fall. Two economists, one from UC Berkeley and one from the London School of Economics, have found that the percentage of wealth owned by the U.S. middle class has eroded to a level not seen since 1940.

Wealth gap: U.S. descending into feudalism warns plutocrat

Seattle - An American plutocrat has warned that the United States will descend into feudalism and could face social upheaval as the gap between super-rich and the rest widens.

Op-Ed: Gap between rich and poor in U.S. highest since 1967

Washington - The gap between rich and poor people in the U.S. is at its widest in more than 40 years. The poverty rate also remains at the highest in almost two decades.
 

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Plutocrat  author and entrepreneur Nick Hanauer has warned that US wealth disparities are leading to...
Plutocrat, author and entrepreneur Nick Hanauer has warned that US wealth disparities are leading to a feudal society with revolution the inevitable outcome.
Nick Hanauer -

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