Occupy's "99%" and "1%" slogans made America's widening wealth gap into part of the common discourse. But (as this video demonstrated) it's still hard to wrap your head around how widespread poverty is in America, and how much richer America's rich have become. This listicle, 21 Hard To Believe Facts About 'Wealthy America' And 'Poor America' delivering a series of ringing slaps to make the reality sink in:
#1 The lowest earning 23,303,064 Americans combined make 36 percent less than the highest earning 2,915 Americans do.
#2 40 percent of all American workers (39.6 percent to be precise) make less than $20,000 a year.
#3 According to the Pew Research Center, the top 7 percent of all U.S. households own 63 percent of all the wealth in the country.
#4 On average, households in the top 7 percent have 24 times as much wealth as households in the bottom 93 percent.
#5 According to numbers that were just released this week, 49.7 million Americans are living in poverty. That is a brand new all-time record high.
#6 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.
#7 Household incomes have actually been declining for five years in a row and total consumer credit has risen by a whopping 22 percent over the past three years.
Which America Do You Live In? – 21 Hard To Believe Facts About 'Wealthy America' And 'Poor America'
In this video, employees at the Carrier Air Conditioner factory in Indianapolis are gathered together by a manager who explains that the company’s profit-margins dictate that all 1400 of them will lose their jobs as their factory is moved to Mexico.
A beautiful essay in the London Review of Books traces the twists and turns of the Robin Hood story over time, to the era of austerity, where “robbing from the rich and giving to the poor” takes on a completely different complexion.
The Daily Show alumnus is the only woman on late night, doing 30 minutes (minus commercials) once a week, on politics, gender and current affairs.
Light used to just be one of two things: on or off. Simple as that. Either a flood of yellow or total darkness. Then the dimmer switch happened and you could adjust the brightness to meet your seductive needs and suddenly everyone looked a little better in the gentler light. And now your luminary universe […]
Projects will always need management. And now with the tech gold rush it feels like there are more projects than ever with fewer managers than there’s demand for. But it takes too much time and money to go back to school full time so luckily the Project Management Professional certification training course is now 96% […]
If you’ve been blessed enough to avoid them yourself, you’ve definitely heard the horror stories. Late night, crushing out a ton of work, writing, coding, anything, then boom – your computer crashes. The battery blows, you spill water or coffee all over the place, or it just shuts down with no explanation, and you’re screwed. […]