Verily I Say Unto Thee... archive
Tag : poor

Wealth And Income Inequality: What Are We Really Talking About?

Wealth inequality in Europe and the U.S., 1810-2010 (Source — .pdf, 1.2MB) The more I learn about wealth and income inequality, the more I realize I didn’t know — and still don’t know — and the more it’s obvious that many other people don’t know. Rampant confusion reigns. In my observation, most laypersons don’t understand[…]

Do You Live In A ‘Bubble’?

Categories: Personal
Comments: 8 Comments
Published on: 2016.11.21

My results from the quiz in question See larger version It’s tempting to dismiss outright any piece of writing that begins with “So I took an online quiz…” However, I ask that you bear with me long enough to see the larger point. So I took this online quiz (hosted by PBS), called “Do You[…]

My Take On ‘Income Inequality’

Comments: 6 Comments
Published on: 2014.11.19

The phrase “income inequality” has risen to prominence in the past few years, including President Barack Obama labeling it “the defining challenge of our time” and Pope Francis questioning: “How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock[…]

I’m In The Top 1%?

Categories: Fact Check, Finances, Poverty
Comments: No Comments
Published on: 2014.09.30

Money (Copyright © 2006 by Wil C. Fry. Some rights reserved.)   On Facebook, my sister linked to a cartoon series that insinuated we U.S.ians are the “top 1%”, after quoting Jesus from Matthew 19:23-24 (rich folks and a camel through the eye of a needle). So I looked it up (the cartoon didn’t list[…]

Tax The Rich To Help The Poor = Socialism? No.

Categories: Politics, Taxes
Comments: No Comments
Published on: 2014.03.22

Whenever anyone suggests that a higher tax on the wealthy might fund programs for those in poverty, I see “socialism” thrown about as an accusation, not only by politicians or columnists, but by regular people. Ignoring for a moment the arguments about whether actual socialism is good or bad and whether we should tax the[…]

How Much Control Do You Have Over Your Income?

(These are just thoughts that roll through my head while I’m performing mundane tasks like folding laundry. I don’t think there’s really a point.) Like many youngsters in the U.S., the idea of The American Dream was simply instilled in me, the idea that anyone — if he/she works hard enough and fearlessly seizes opportunities[…]

Minimum Wage Hike?

Categories: Economy, Finances, InTheNews
Comments: No Comments
Published on: 2013.02.14

In President Barack Obama’s State of the Union address Tuesday, he focused partly on generating “a rising, thriving middle class”. Oddly, in that part of his speech, he suggested raising the federal minimum wage to $9 per hour (a 24% increase from the current $7.25 per hour). In the News: Obama: Minimum Wage Increase Will[…]

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