Last week, Janet Yellen, the nominee to replace Ben Bernanke as chair of the Federal Reserve, highlighted the rising trend of income inequality and the threat it poses to the economy during her Senate confirmation hearing. “This is a very serious problem, it’s not a new problem, it’s a problem that really goes back to the 1980s, in which we have
US Facing Crucible Of Rising Income Inequality
Yellen is not the first, but is one among a growing chorus who believe that income inequality is a growing detriment to the future of humanity.