income disparity

The Decline of the Middle Class Explained in One Easy Graphic

For years, economists, analysts, politicians and pundits have bemoaned the steady decline of the middle class -- and, odds are, you've felt what they're talking about from the inside. But that's not the same as seeing the data laid out in front of you.

Most Americans Say the Rich Don't Pay Enough Taxes

As the income gap between rich and poor widens, a majority of Americans say the growing divide is bad for the country and believe that wealthy people are paying too little in taxes, according to a new survey.

The Big, Continuing Stories That Could Derail 2011

Major news stories ebb and flow, rising to the headlines and then slipping out of the spotlight. But even as they fade from attention, keep an eye on this handful of long-term issues with the potential to disrupt the U.S. economy and global recovery.

This May Be the Best Way to Put CEO Pay in Perspective

To wrap your head around how much someone like Larry Ellison makes, try comparing his compensation to the median income of an American household, $49,777. His 2008 take of $543 million is the equivalent the annual earnings of 10,908 average American families.

America's Malady: A Bad Case of 'Baumol's Disease'

Unlike an illness caused by microscopic invaders of your body, which might raise your temperature and cause you physical aches and pains, Baumol's Cost Disease raises wages and causes some painful shifts in a nation's labor balance. Unfortunately, it's natural, and there's no miracle cure.

Growth May Still Leave 95% of Americans Behind

America's big income disparity is creating an economy that's dependent on the spending and investing of the wealthiest. As a result, economic growth may increasingly mean 95% of Americans are still not doing better financially.