This article is about the rise of the top one percent, using data from the last decade economists at the London school of economics, have determined that the top 0.1% percent of American households control more than 22% of the nations wealth. This is caused by the wealthy being paid more (or earning more from their investments) and the poor aren't able to save. Top incomes are being saved at high rates, pushing wealth concentration up, in turn, rising wealth. According to the AFL-CIO, the CEO's of S&P 500 index companies made on average 12,259,581 or 354 times that of the average rank and file U.S. worker. I think that capitalism is the best of the options that we have available, yeah it has its issues but what would we do have Communism and have CEO's making the same amount of money as a cashier at McDonald's. Nobody wants that to happen.



















http://mic.com/articles/107622/this-terrifying-chart-shows-the-unstoppable-rise-of-the-point-one-percent

This article is about income inequality and its affects on families. This article talks about how income inequality is dividing families, The article talks about a man Jayson Seaver and his relationship with her sister because of the income gap between them, because Jayson Seaver went to college and became successful and  makes more money than his sister she is jealous and resents him, and he is disappointed and they're both distant from each other and haven't talked in years. I think that its not his fault that he went to college and made something out of his life. When asked about the nations wealth gap Jason said "you get what you put in . Were in control" The reality is some people are going to have to do the minimum wage and some people are going to be the heads of businesses. Its just the way things are.  If you work hard you deserve to be paid more if you slack of you deserve to be paid less.




















































http://www.cbsnews.com/news/income-inequality-can-divide-families-too/

It seems that as income inequality rises the middle class is shrinking. according to this article data shows that middle class household incomes remain stagnant at a near 25 year low, and the share of the nations economic gains going to the middle class has fallen to near-record lows. Also costs of  living have risen make this problem even worse. I think that income inequality is becoming more of an issue in the U.S. but that what happens when you have economic freedom. Average income of the top 20 percent of earners rose by 42.6% in inflation-adjusted terms between 1979 and 2012 but the average income of the middle 60% only rose by 9.5%

https://www.americanprogress.org/issues/economy/news/2014/12/18/101790/as-income-inequality-rises-americas-middle-class-shrinks/

This article talks about how the wealth gap holds back economic growth. The west’s leading economic thinktank on Tuesday dismissed the concept of trickle-down economics as it found that the UK economy would have been more than 20% bigger had the gap between rich and poor not widened since the 1980s. The OECD said that the richest 10% of the population now earned 9.5 times the income of the poorest 10%, up from seven times in the 1980s. It seems that the theory of trickle down economics has been proven to not work, or it at least causes more income inequality


http://www.theguardian.com/business/2014/dec/09/revealed-wealth-gap-oecd-report

Progressives decry inequality as the world’s most pressing economic problem. But why is inequality an economic issue? This article talks about inequality and if its really a bad thing or if its somewhat a good thing. Think about a class of 10 students say all the students have the same opportunity to get an A.  lets say 5 do the bare minimum and get a C, 4 give an average amount of effort and get B's. one student goes above and beyond and gets an A+. So is it really the student who got an A's problem to make sure everyone  else gets a good grade no? Is it the teachers fault that some of the students didn't give any effort to the class? no?

 So what I'm trying to say is that everyone starts off equal its just that some people put forth more effort. The article talked about People who can use or program computers, do math or run organizations have enjoyed relative wage increases, so why don't people get these skills to get higher wages? A big reason: awful public schools dominated by teachers unions, which leave kids unprepared even to enter college. Limits on high-skill immigration also raise the skill premium.




















http://online.wsj.com/articles/john-h-cochrane-what-the-inequality-warriors-really-want-1416442460

Does Income inequality impair the American dream? In this article Elise Gould, Nick Hanauer, Edward Conrad, Scott Winship debate this question. Some economists argue that income inequality leads to unequal access to opportunity and resources like nutrition and education. But others say that income inequality is not inherently a bad thing.

They point to research that finds that countries with greater inequality also experience more economic growth. I think that income inequality is hard not to have in a country like America with so much economic freedom its hard not to have it. Some people just take more advantage off the economic freedom in America.






























http://www.npr.org/2014/10/29/359363643/debate-does-income-inequality-impair-the-american-dream

Most Americans continue to believe that hard work and ambition determine success. In this article Janet Yellen points out some trends in wealth and income inequality. She says that the significant income and wealth gains for those at the top have caused the gap in income between Americans. 

 According to  the authors of a study on Sweden it showed that they rank high in income mobility but they suspect that Sweden’s emphasis on high income taxes keep the self-made from accumulating lots of wealth, while very low taxes on capital keep wealth in rich families. Citizens of the U.S. have economic freedom and with that some people work hard and others don't so I think that income inequality is just a result of a nation of people having economic freedom. 

http://www.businessweek.com/articles/2014-10-21/american-income-inequality-hard-to-get-rich-harder-to-get-un-poor