Between 1980 and 2018, research shows, the tax obligations of America’s billionaires, measured as a percentage of their wealth, have fallen 79 percent. Since last year at this time, the ranks of U.S. billionaires have increased from 607 to 614, their collective wealth from $3.111 to $3.229 trillion. We have here in the United States today …
Teams in China are racing to discover which wild animal at a Wuhan food market was the source of the corona virus: snakes, pangolins or bats? We don’t know yet. What is clear is how seriously China is now clamping down on the trade in wildlife. Recently, the country’s highest authorities enacted a permanent ban. …
Across America, people have been told to take refuge at home and to venture out only to get things they really need, like groceries, prescription drugs and petrol. But should weapons also be on that list? Gun rights advocates think they should. They’ve now achieved a federal shutdown-order exemption for gun shops( guns and ammo) …
Continued from yesterday: The core promise of the American dream has always been that you can do better than your parents. But we have to deal with the fact that our values have been hi-jacked. We decided that we needed more democracy in our politics. What better way to do that than to allow people to …
Over the past 50 years, lots of things have changed in the United States. Here are a few examples. 1) A child’s chance of earning more than his or her parents has plummeted from 90 to 50 percent. 2) Earnings by the top 1 percent of Americans nearly tripled, while middle-class wages have been basically …
Continue reading ‘An autopsy of the American dream, part 1’ »
