Bessent Declares Widening Gap Between Rich and Poor ‘Dead’
Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
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Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
Earlier this month, Treasury Secretary Scott Bessent publicly attacked the former labor secretary under President Clinton, Robert Reich. Reich wrote in a post online that “Trump Tr...
It does better at creating conditions where people can find a job, scoring about 75%, ranking 10th.
Discover which U.S. states have the widest wage gaps, based on 2025 BLS data comparing top earners with median workers.
Nitty gritty data on how the rich are pulling away from everyone else, too politely called a K-shaped economy. That is setting in nationwide.
The United States has great economic inequality, but the American narrative is that upward mobility is not only possible but the normal order of things. This narrative has many com...
Average wealth rises notably in 2026, median wealth declines in most markets, states report
A new Fraser Institute report finds Canada's top earners saw only a marginal rise in income share between 1982 and 2022
A Fraser Institute report finds Canadian GDP per capita now trails the US by CA$23,757 as productivity and business investment stagnate
Ranked: U.S. States With the Widest Wage Gaps This visualization ranks all 50 states by the dollar difference between the wage threshold for the top … Source
Inequality is often the outcome of processes regarded as fair. Yet advantages acquired fairly in one sphere—economic, educational, or political—rarely remain confined to the domain...
Elon Musk earned 2.5 million times more than a Tesla worker's median pay in 2025, despite revenue and sales declines.
An ageing society and a widening income gap threaten Hong Kong’s social fabric. In the last of a five-part series on the city’s five-year plan, we look at what can be done to addre...
The wealth gap is wider than it’s been in three decades.
Marta M Elvira of the University of Navarra, Nils Neumann of the University of Michigan and Olivier Godechot of Sciences Po discuss the impact of a city’s financial market on the w...
Walmart's 2026 earnings revealed stark Walmart income inequality: affluent shoppers drive gains while households under $50K manage paycheck to The post Walmart Just Accidentally De...
While there have been improvements in the gender pay gap, women still generally lag behind men. In the United States, the median income for women workers is 81-83% of thatRead More
Analysis: Four years ago, a sharp hike in interest rates hit higher-income mortgaged swing voters – but this time, there’s a chilling difference
Dozens of “gap” statistics have become so deeply embedded in our political discourse that we hardly question whether unequal outcomes are actually evidence of discrimination. “Wome...
Analysis by Institute for Policy Studies found that between 2019 and 2025, CEO compensation increased 41.4%The average CEO of the US’s 100 largest, lowest-paying corporations earne...
US Treasury Secretary Scott Bessent has said the US rich-poor gap is closing even as inflation and high living costs persist Read Full Article at RT.com
New research reveals a widening gap in Canadian household spending as the cost of living remains a challenge for many
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Mohammed Anwar Al BalushiWhenever I write about economics, a few words repeatedly come to my mind: capitalism, socialism, poverty, the middle class, wealth and inequality. These ar...
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