...At the very moment that the public is outraged over the rich getting richer, the rich might actually be losing their share of the nation’s wealth. Full Story »
Posted by Walter Cox
An interesting discussion showing that the rich may actually be getting poorer. The author conducts an interview that compares a similar trend during the Great Depression with what is happening today.
This too-brief interview excerpt includes answers to questions many have about parallels between this economic crisis and the Great Depression. Comparisons are clearly made and explained well. Including more insights from Prof. Saez would be very helpful for those struggling to understand what this situation means to them, now and in the future.
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