A study by professors at Duke and Harvard Business School asked people how much of the nation's wealth should ideally be controlled by the nation's richest 20 percent, and its poorest. The responses: just over 30 percent, and just over 10 percent, respectively. That's not anywhere close to the reality; the top 20 percent controls nearly 85 percent of the wealth, and the bottom 20 percent controls a share so small it didn't show up on the researchers' chart.

Did 300 Workers at an Xbox 360 Factory Threaten Mass Suicide?

Seeded on Wed Jan 11, 2012 2:59 PM EST (Yahoo! News)

Some of Foxconn's factories are surrounded by anti-suicide nets, and employees have reportedly been asked to sign a "no suicide" pact.

economy, labor, abuse, politics, poverty, union, electronics, wages

Future jobs won't support decent living standard: Report

Seeded on Sat Apr 2, 2011 6:36 PM EDT (Yahoo! News)

From the article: "The result? To achieve economic security, a single parent with two children needs an income of just over $30,000 a year--nearly twice the federal minimum wage--while a two-income household needs almost $68,000.

jobs, democrats, politics, unemployment, economics, republicans, poverty, unions, wage

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'Mitt-oric' Romney's Roadmap To Economic Ruin
Source: Is Rick Santorum The Second Coming Of Bush/Cheney? | Addicting Info
Yesterday, Mitt Romney addressed the the national debt with a collection of buzzwords and half- truths, that should give economists, American voters, or just anyone grounded in reality serious pause. His speech hit all the high notes on the Republican’s overplaye …
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Bill Clinton: Hike taxes across the board - "tax me 100% and wouldn't balance budget"
Source: Politico
" "This is just me now, I'm not speaking for the White House — I think you could tax me at a 100 percent and you wouldn't balance the budget," said Clinton, who has earned tens of millions of dollars since leaving office. "We are all going to have to contribute to this, and …
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Who does this Obama guy think he is?!
I've had it up to here with this President Obama... if that is his real name. I just got done watching seven minutes of Fox News, and let me tell you, I learned more than I cared to learn about this Muslim socialist who hates America and wants to poop directly on our childr …
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Gay top Romney donor pulls support and backs Obama over same sex marriage
Source: Raw Story
A gay supporter of former Massachusetts governor and presumptive presidential nominee Mitt Romney (R) has pulled his support and asked for his contribution back, the maximum allowed by law, over the candidate’s stance on same sex marriage, according to CNN. Bill Whit …
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Who Really Caused the Deficit?
Source: Talking Points Memo
As the chart below reveals, the main drivers of projected deficits over the next decade are the wars... in Iraq and Afghanistan, the Bush tax cuts and the so-called “automatic stabilizers” — unemployment insurance spending, lower tax burdens — built into e …
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