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INCOME-GAP

The Wire

China's income gap widens as economy slows

The long-standing, politically sensitive wealth gap between China's citydwellers and its farmers is widening as the economy slows, foiling pledges by its communist leaders to help the countryside catch up.

Income Gap Among Black, White Families Up

Decades after the civil rights movement, the income gap between black and white families has grown, says a new study that tracked the incomes of some 2,300 families for more than 30 years.

The Vine
Food Stamps Will Feed Half Of USA Kids, Study Says
Source: The Huffington Post

CHICAGO — Nearly half of all U.S. children and 90 percent of black youngsters will be on food stamps at some point during childhood, and fallout from the current recession could push those numbers even higher, researchers say.

Goldman Wins, Workers Lose
Source: The Nation

The conventional wisdom holds that Barack Obama's first term will be judged by whether he can revive the economy, which currently boasts an unemployment rate of 9.5 percent, a figure that excludes the large number of "marginally attached" people who have basically stopped searchi …

Income gaps, corruption fuel China riots
Source: msnbc.com

Widening income gaps, corrupt local administrations and policies that seem to favor the well-connected few over the disadvantaged many are fueling spasms of violence that spring up in cities across China.

Canadian Centre for Policy Alternatives - Growing income gap a warning to leaders
Source: Canadian Centre for Policy Alternatives

The internationally respected Organization of Economic Cooperation and Development threw out a warning flag to Canada this week.

'More inequality' in rich nations
Source: BBC News

The gap between rich and poor in most wealthy nations has widened, the Organisation for Economic Co-operation and Development (OECD) has said.

Real Time Economics : Technology, Not Globalization, Feeds Income Inequality
Source: Wall Street Journal

Critics of globalization often cite increasing income inequality in their opposition, but a new study suggests that technological advances, not globalization, is responsible for an increase in the gap.

Differences in Rich Blacks and Whites and Poor Blacks and Whites
Source:

About seven years ago, University of Chicago economists Kerwin Kofi Charles and Erik Hurst were researching the "wealth gap" between black and white Americans when they noticed something striking.

A Tale of Two Conservatives (PDF)
Source: Center for American Progress

Bush's concern for "Wall Street over your street" mirrors Hoover's policy of helping businesses rather than working families.

The Rich Man's Michael Moore
Source: Wall Street Journal

Yet with "The One Percent," Mr. Johnson wanted to show how the rich have gone too far. Through interviews with economists, policy experts and environmentalists, Mr. Johnson argues that today's wealthy have become an increasingly isolated elite.

How high is the U.S. poverty rate?
Source: marginalrevolution.com

Here is some wisdom, from the non-libertarian, non-right-wing,  never-asked-to-contribute-to-the-WSJ-Op-Ed-page Lane Kenworthy:

Report Says That the Rich Are Getting Richer Faster, Much Faster
Source: The New York Times

The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in a new report by the Congressional Budget Office shows.

Chasm widens between rich and poor in U.S.
Source: International Herald Tribune

The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in a new report by the Congressional Budget Office show.

Income Gap Between Blacks, Whites Expands Again
Source: NPR

The income gap between black and white families has widened in spite of the gains of the civil rights movement, according to a new study released Tuesday.

Income Gap or Income Gulf?

My generation, the so-called 'Baby Boomers', reaped the benefits of a flourishing economy, access to education levels our parents could encourage us to pursue and jobs commensurate with our talents and education.

Marriage in America: The Frayed Knot
Source: The Economist

Economist article discusses the intersection between marriage, pregnancy and poverty and the implications of growing up in a single-parent vs. married parent household for future generations of American children.

Globalization in a Nutshell, or: Why we should Eliminate Trade Barriers
Source: frontpagemag.com

Globalization — a word known to a small number of academics 20 years ago — has become one of the principal buzzwords of the 21st century.

Pope: Rich Nations Plunder the Third World
Source: -

Rich countries bent on power and profit have mercilessly "plundered and sacked" Africa and other poor regions and exported to them the "cynicism of a world without God", Pope Benedict writes in his first book.The Pope also condemns drug trafficking and sexual tourism, say …

US Income Gap Greatest Since 1928
Source: prorev.com

Income inequality grew significantly in 2005, with the top 1 percent of Americans - those with incomes that year of more than $348,000 - receiving their largest share of national income since 1928, analysis of newly released tax data shows.The top 10 percent, roughly those earnin …

Bush Reverses Course, Acknowledges Widening Income Gap
Source: Wall Street Journal

Until January, President Bush seldom acknowledged the widening gap between the rich and the middle class. Then, in a speech, he declared: "I know some of our citizens worry about the fact that our dynamic economy is leaving working people behind.

Income Disparity in Japan
Source: CNET News.com

The supposed widening of the gap between the rich and poor in Japan has become quite an issue over the past year. The Democratic Party of Japan intends to make it a campaign issue in the leadup to this summer's Upper House elections.

The Top 1% . . . of What?
Source: OpinionJournal.com

As many others have done, Virginia's Democratic Senator-elect Jim Webb recently complained in The Wall Street Journal (article available here) of an "ever-widening divide" in America, claiming "the top 1% now takes in an astounding 16% of national income, up from 8% in 1980." Tho …

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