Inequalities Flashcards
0
Q
BUT the gains went to a very few : the top 1% of earners now take ?% of all income
A
20% : 3 times what they did in 1970
1
Q
Over the last 30years, before the last recession, evolution of the US economy
A
It has nearly doubled
2
Q
Robert Reich’s documentary film
A
Inequality for all
3
Q
The ? richest Americans now own more wealth than the bottom ? million combined
A
400 (62% of wealth in America)
150 million
4
Q
Top marginal tax rates go down 1950s/2010
A
1950s : 91%
2010 : 35%
5
Q
% of kids born into poverty who will stay in poverty
A
In the US : 42%
In the UK : 30%
6
Q
IN THE WORLD : by 2016, the richest ?% will own more than all the rest
A
1%
7
Q
IN THE WORLD
The ?million poorest live with as much money as the ? richest
A
350 million
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