The Wenatchee World



The latest extended forecast from The Weather Channel

Remove this weather forecast


Lo54° Isolated Showers


Hi65° Chance Rain

Wednesday Night

Lo55° Slight Chance Rain then Mostly Cloudy


Hi75° Partly Sunny

Thursday Night

Lo55° Mostly Cloudy


Hi77° Partly Sunny

Friday Night

Lo55° Slight Chance Rain


Hi73° Chance Rain

Saturday Night

Lo54° Chance Rain


Hi69° Slight Chance Showers

Less equal, and fighting more

Send to Kindle
Print This

Everybody is worried about increased income equality. It’s not just neo-socialists looking for new ways to tar capitalism, or Democrats searching for political energy or an excuse to tax their wealthy enemies. The increased economic polarization in the United States is genuinely something to fret over, because political instability and multi-generational hopelessness are not good for anybody.

“The main message is a grim one,” The Economist editorialized after looking at new statistics on American household income late last year. “Most of the growth is going to an extraordinarily small share of the population: 95 percent of the gains from the recovery have gone to the richest 1 percent of people, whose share of overall income is once again close to the highest level in a century. The most unequal country in the rich world is thus becoming even more so.”

View my options or Sign in