Author: Geoffrey Gilbert
Format: PDF 1.2MB
Publisher: ABC-CLIO
Number Of Pages: 275
Publication Date: 2008-05-12
ISBN-10 / ASIN: 1598840568
ISBN-13 / EAN: 9781598840568
The growing income gap between the richest Americans and the poorest, once barely noticed, is now widely known and debated. Front-page articles in TheWall Street Journal, The New York Times, and many other mainstream news outlets have driven home the unsettling truth that the United States is growing more unequal, at least in economic terms. Some suggest that we are in a new Gilded Age, pointing to concentrations of wealth and income at the very top not seen since the 1920s or earlier. The public tends to focus less on the statistics and more on the glitz: private jets, mega-yachts, and palatial residences. Magazines and television programs are devoted to voyeuristic explorations of the lifestyles enjoyed by billionaires. And while the lifestyles of those at the opposite end of the income distribution sell very few magazines, there are indications that poverty—and the lengthening distance between society’s haves and have-nots—may be reentering the realm of political and policy debate, just in time for a presidential election.
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