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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-14-06 06:52 PM
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America Worries as Income Gap Widens

http://blog.aflcio.org/2006/12/14/america-worries-as-income-gap-widens/

America Worries as Income Gap Widens

by James Parks, Dec 14, 2006

The ever widening gap between rich and poor has become a serious national concern for an overwhelming number of Americans, according to a recent poll. Nearly three-quarters of the public believe inequality is a major issue, versus 24 percent who don’t think so, according to a new Bloomberg/Los Angeles Times poll.

One reason the gap is growing: Current job growth is the slowest of any previous recovery that has lasted this long (see chart), according to a study by the nonprofit Economic Policy Institute (EPI). Jared Bernstein, senior economist at EPI and the author of the study, says:

This uniquely weak performance in employment growth is one reason why the benefits of the expansion have been slow to reach many working families, who are only now beginning to see some real gains.



FULL story at link.



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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-14-06 07:02 PM
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1. That's because all those liberal policies of the last century had
workers so highly overpaid. :eyes:
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