more_equal's profile picture. more equal or less equal?

more_equal

@more_equal

more equal or less equal?

3.8% OF AMERICANS EARN > $200K. Most UNEQUAL states are:MA(10), IL, GA, FL, MS, AL, LA, TX, CT, NY(1) http:// bit.ly/gOFlSi


LIVING WAGE - WHAT'S THE COST TO YOU? if Walmart payed its 1.4M workers a living wage, their prices would rise ONLY 1% http://bit.ly/gNFhKx


CONFIDENCE IN CAPITALISM IS DROPPING IN USA - 2002: 80% agreed best system for prosperity, 2011: 59% agreed. http://bit.ly/haq4kG


Stiglitz:something has blocked the vaunted “trickling down” from the top 1 percent to everyone else http://www.trickler.org


Top 1% don’t need gov for education, medical care or security, they can buy it all. making them more distant & less empathetic bit.ly/i4n84g


Stiglitz: Top 1% taking in nearly 25% of the nation’s pay every year, and control 40% of the wealth. http://bit.ly/i4n84g


Stiglitz: If Congress serves the top 1% well they will be rewarded by the top 1% when they leave office. http://bit.ly/i4n84g


Stiglitz: Virtually all U.S. senators, and most of the representatives in the House, are members of the top 1% http://bit.ly/i4n84g


Stiglitz: Of the 1%, by the 1%, for the 1% http://bit.ly/i4n84g


CHILD POVERTY: Mex 25% US 22%, CEO PAY: 1970: 39X avg wrkr, 2000: 1039X, DISCOURAGED WRKRS: 2000: 215K 2009: 717K http://huff.to/gqrLSp


ECONOMICS DRIVE POLITICS! Wealth shapes your POV. Your representative should have YOUR level of wealth/income to see things your way.


Top 10% in US used to receive 33% of the avg pay growth, and bottom 90% received 66% back in the day.


Top 10% in US received 100% of the avg pay growth between 2000 & 2007 http://nyti.ms/hdaczD


Top 5% held 64% of US wealth in 2009. The bottom 80%, held just 13%. http://nyti.ms/hdaczD


WE NEED TECH THAT EMBEDS PAY SHARING FROM THOSE WHO EARN TO THOSE WHO DON'T AND DOESN'T JUST PUT US OUT OF WORK! http://vimeo.com/4561641


WILL MORE EDUCATION REDUCE INEQUALITY? WORK by well-EDUCATED, well-PAID workers may soon be COMPUTERIZED http://nyti.ms/g53mMr


NEW JOBS are produced AT THE BOTTOM, MID-LEVEL JOBS are being LOST to AUTOMATION. Now TOP-LEVEL JOB GROWTH is SLOWING due of automation.


IS TECHNOLOGY DRIVING INEQUALITY? http://nyti.ms/eLSEl6 If so, maybe we need to USE TECHNOLOGY to REVERSE IT!


EFFECT OF INEQUALITY? 396 bank branches CLOSE in areas with income < $50k, 82 OPEN in areas with income > $100k http://nyti.ms/h4trKn


30M Americans either have no bank account or rely on check-cashing centers, payday loan providers and pawnshops http://nyti.ms/h4trKn


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