The level of inequality around the world is truly staggering.
Jennifer Boyd's insight:
I have no issue with wealth; however, I DO have a problem with it when it becomes this disporportioate and has a very negative impact on hard-working Americans that are just scraping by. When wealth becomes 'theft', it becomes a major issue with vast repercussions around the globe. This trend cannot continue. Either the people will rise-up and reclaim better wages and better lives for themselves and their children OR the trend will continue until people are so poor, and resources so diminished, that there is nothing left for the 1% to take. Either way, it ends. Better to end at the hands of the people than to wait for the day that we're fighting over table scraps.
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President Obama wants to adopt a new measure of inflation that would cut Social Security benefits—and debate over the proposal has split his base. ("hard to imagine anything worse that the president could do than benefit cuts to vulnerable people.