Thursday, April 30, 2015

Why the Rich Are Getting Richer


In this Wall Street Journal video, "Why the Rich Get Richer," wealth inequality in the 21st century is explained. The widening wealth gap in the United States has been a hot and controversial topic in recent years, and is troubling some of our best and brightest economists and financiers. The last time in our country's history there was this much a disparity in wealth distribution was in the lead up to the Great Depression. The Federal Reserve Chairwoman, Janet Yellen, claims rising inequality of wealth and income is impeding the economic mobility "at the heart of American Values." With economists believing this wealth gap can only continue to expand, the polarization of wealth in the United States is clearly unsustainable.




http://www.wsj.com/video/why-the-rich-get-richer-wealth-inequality-explained/5DD155E1-99E0-4677-82EC-077AEF2E695C.html

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