America's 1% Has Taken $50 Trillion From the Bottom 90% | Time

America’s 1% Has Taken $50 Trillion From the Bottom 90% | Time

A new report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, and secure Every year, $2.5 trillion—that’s trillion, with a “t”—is redistributed from the bottom 90 percent of Americans to the wealthiest 1 percent. That $50 trillion used to go to working … Continue reading America’s 1% Has Taken $50 Trillion From the Bottom 90% | Time

Many millennials are worse off than their parents -- a first in American history

Many millennials are worse off than their parents — a first in American history

On paper, it looks like Scott Larsen is doing better than his father was at the same age. But he’s not even close. The chances of him buying a home are very slim. The system currently extracts all the borrowing potential from the millennials through student loans that could have gone towards … Continue reading Many millennials are worse off than their parents — a first in American history

US life expectancy has declined for the third year in a row - Business Insider

US life expectancy has declined for the third year in a row – Business Insider

According to new research, the average American’s life expectancy has once again gone down, despite the nation’s billion-dollar health care system. And the cause appears to be the worsening inequality. Source: US life expectancy has declined for the third year in a row – Business Insider Continue reading US life expectancy has declined for the third year in a row – Business Insider