Legislation passed in 2025 evidences that we have evolved only slightly since the days of lords and serfs, when one class enjoyed wealth, and the other struggled. Before looking at examples, let’s look at the numbers. The U.S. Census Bureau reported the nation’s poverty rate in 2024—annual income of $31,812 for a family of four—was […]
Low income citizens just don’t matter Read Post »
Financial regulation is not just for Wall Street. New rules are now in place at the Vatican for canonization, the process by which the Roman Catholic Church determines who should be declared a saint. U.S presidential candidates have chimed in. More about their views in a minute. U.S. News & World Report reported last week
Presidential candidates comment on Vatican reform Read Post »
Senator Bernie Sanders has been campaigning that he wants to close the income gap in America. Is there an income gap? Why should we care? Last October, financial news and opinion company, 24/7 Wall St., reported that the gap between rich and poor “jumped dramatically” in the 1980s and has continued to grow. Between 1979
The growing income gap Read Post »