Feb
26

Income Inequality

To understand why income and wealth are becoming increasingly unequal in America, look no further than Facebook’s purchase of WhatsApp for $19 billion! That’s 40% more than the value of the median firm in the S%P 500. If shared equally across all 55 WhatsApp employees it works out to $350 million each! While creating vast wealth, our economy is, like it or not, funneling it to very few people.

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