VERSIONS: روسيا اليوم NOTICIAS FREEVIDEO ИНОТВ RTД RSS
breakingnews
Go to main page   USA   News   Income gap between rich and poor growing in America   Comments  
MORE ON THE STORY
16.10.2010, 01:30 16 comments

Socialism vs Capitalism in America

The tide of fear against Socialism is on the rise in America. At a time when the economy is so rough, why this debate over capitalism vs. socialism?

23.10.2010, 00:52 7 comments

US on collision course with economic ruin

Finance ministers from the G-20 nations will meet in South Korea to address the global financial crisis. US Treasury Secretary Timothy Geithner is expected to push his plan aimed at rebalancing the world economy.

23.10.2010, 02:59 5 comments

Statistics highlight an American empire in decline

The US has long regarded itself as an exceptional nation, a beacon of democracy and progress throughout the world. Yet the statistics don’t exactly match the rhetoric.

29.07.2010, 03:51 6 comments

US government needs to spend wisely

While the American people are struggling economically, the Obama administration is missing or spending insufficiently billions of tax dollars.

22.10.2010, 01:17 6 comments

Chinese economic model replacing Washington consensus

China’s rate of development on a global scale is moving faster and more consistently the other nations. Should the world take note of the Chinese economic system?

04.06.2010, 13:14 5 comments

US Treasury slips into the red announcing $13 trillion debt

The US government has poured $10 trillion into Wall Street in various forms of loans and purchases. So actually the public debt is quite small compared to what the US did to Wall Street, author Les Leopold told RT.

07.06.2010, 09:58 5 comments

“We are looking forward to recovery” – Latvian president

Latvian President Valdis Zatlers believes that the biggest task towards stabilization of the economy and Latvian financial system is complete, but the goal to recover and get back to growth has not been achieved yet.

30.09.2010, 01:25 2 comments

Rich and poor divide expands in America

New US Census Bureau numbers released show the problem of the gap between the rich and the poor isn’t going away anytime soon. In fact, the problem is only getting worse.

07.09.2009, 16:27

Megafon posts 1H 2009 Net profit of 20.1 billion Roubles

Russian cellular provider, Megafon, has posted a 1H 2009 Net Profit of 20.1 billion Roubles under U. S. GAAP.

20.04.2009, 13:03 7 comments

Crisis as a way to build a global totalitarian state

As the world financial and economic crisis comes into its own, the Western community leaders are seeking to impress on mankind the idea that this upheaval will end up ‘turning the world into something different’.

Income gap between rich and poor growing in America

Published: 14 July, 2010, 03:17
Edited: 12 September, 2010, 02:17


Desperation. You catch a glimpse of it on the streets of Washington DC during rush hour as the gap between the have’s and the have not’s is growing.

 
4 COMMENTS
Srbin July 14, 2010, 21:28 quote
0

Life will improve greatly as soon as they move production from the Communist China, Bangladesh, Vietnam, Pakistan, India etc. and relocate those factories in the good Ole USofA. In the mean time be patient, be very patient, they've got all the guns and guard dogs on their side.

Srbin July 14, 2010, 21:28 quote
0

Life will improve greatly as soon as they move production from the Communist China, Bangladesh, Vietnam, Pakistan, India etc. and relocate those factories in the good Ole USofA. In the mean time be patient, be very patient, they've got all the guns and guard dogs on their side.

Paul July 15, 2010, 01:53 quote
0

I often wonder why we (western countries) have not put in place maximum wages/ bonuses for certain jobs. For example one of the ways the rich get around tax in the UK (not sure about the US) is to get a wage under the taxable threshold and then get a bonus for millions, if not billions, which is tax free (or almost)! If we put in place a system where the top jobs could only get a share for a set percentage of their profit as a bonus while the rest must be saved or invested, surely this would clean some problems? This means that if a business makes a loss the top people get no bonus for that year. If a business goes bust then the Government can say “sorry we can’t bail you out as it would distort the market”, so no more ‘too big to fail’, due to un-stainable activities. It also makes sure that the top cats will not walk away with millions for messing up big time. Though I can see the companies moving back to the US, through popular demand, the Far East has a lot of money, especially China. Somehow I don’t see them, the Far East Countries/China, to allow factories to be closed. No, they will either buy the closed factories or outright buy out the companies themselves.

Ibarruri September 11, 2010, 20:38 quote
0

There cannot be a solution to this problem outside of an outright reorganisation of the Property relations in the way of the great October socialist revolution. America will not escape this social Law but can only buy time with massive fradulent propaganda , war mongering and of course impoverishment of the majority in the USA as a debilitating weapon of mass destruction.

POST COMMENT

By posting your comment, you agree to abide by our posting rules


CAPTCHA image