It’s Official – Income Inequality Near Record High

Alan B. Krueger, Chairman of the White House Council of Economic Advisers, told us all in a speech on January 12 what we have all experienced – namely, that income inequality in America is at all-time high.

“My theme in this talk is that the rise in inequality in the United States over the last three decades has reached the point that inequality is causing an unhealthy division in opportunities, and is a threat to our economic growth.” You think?

It’s never been better to be in the 1%. Here’s the slide deck – review it for yourself.

The Rise and Consequences of Inequality in the United States: charts

How about a public bank for Illinois to make our money work FOR us and restore a little fairness and equity to our economy?