The Real Story Of Eonomic Inequity In The United States (Must Listen To Video)

Posted By on December 10, 2010

Economic Inequality…..we present a great 3 minute summary, which even a third or fourth grader will understand.   What is gradually becoming accepted as the most troubling social, economic and political development in America, namely a record amount of income,wealth and social inequality.

From the CBS 60 Minute interview of Fed Chairman Ben Bernanke:

Q: The gap between rich and poor in this country has never been greater. In fact, we have the biggest income disparity gap of any industrialized country in the world. And I wonder where you think that’s taking America.

A: Well, it’s a very bad development. It’s creating two societies. And it’s based very much, I think, on– on educational differences the unemployment rate we’ve been talking about. If you’re a college graduate, unemployment is five percent. If you’re a high school graduate, it’s ten percent or more. It’s a very big difference. It leads to an unequal society and a society– which doesn’t have the cohesion that…that we’d like to see.

Must Watch Vidio…  Eonomic Inequity in the United States, watch this on youtube at…………………. http://www.youtube.com/watch?feature=player_detailpage&v=vMdbS1VU5do

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