Saturday, September 30, 2006

In today's America, wealth flows to the rich

A record 400 Americans are billionaires -- and a record 47 million Americans have no health insurance, writes Holly Sklar.*

America has 400 billionaires -- and 37 million people below the official poverty line.

Wealth isn't trickling down. It's flooding up -- from workers to bosses, small investors to big, poorer to richer.

The heirs to Wal-Mart founders Sam and Bud Walton have a combined $82.5 billion -- while the children of Wal-Mart workers swell the ranks of state health insurance programs for the neediest.

Read the whole commentary in the San Jose Mercury News here.

* She is co-author of "A Just Minimum Wage: Good for Workers, Business and Our Future" and "Raise the Floor: Wages and Policies That Work for All of Us."


Post a Comment

<< Home