Trump’s economic agenda is exacerbating America’s inequality crisis
|08/17/2018||Posted by BusinessMediaguide.Com under General World News||
- US income inequality, already at its worst levels since the 1920s, is likely to get worse because of President Donald Trump’s economic policies, including a tax-cut program that was heavily tilted toward the wealthy.
- A new report from the Economic Policy Institute finds the average CEO of a large US firm takes home a startling 312 times what their average worker makes.
- “CEOs are getting more because of their power to set pay, not because they are more productive or have special talents or more education,” the report says.
US inequality statistics have been so startling in recent years that they have almost read more >>>