Global Economy

In The U.S., There Still Remains Huge Economic Inequality

In The U.S., There Still Remains Huge Economic Inequality

Congress members,  a number that all of your components will understand: $42,000. That’s the amount of money the average full-time, prime-age employed self would make if we cleared the past four decades’ economic imbalance. Rather than $50,000 a year, they would make $92,000. Or, in other words, that $42,000 is the money taken from the …

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Households In The U.S.

There Is A Huge Imbalance Between Households In The U.S.

Profits continue mainly to wealthy households, even as tens of millions of individuals sustained job losses and contracted incomes. The Federal Reserve stated that American families’ net worth surged nearly 7% in the April-June quarter to $119 trillion. That number had dropped to $111.3 trillion in the first quarter when the COVID-19 hit the economy …

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