Monday, January 19, 2015

Rich getting Richer? TD Simons 5pd

There is a rising inequality between the poor and rich. Researchers explain that the worlds richest 1% will own more than the other 99% combined by the next year. The rich have watched their part of global wealth increase from 44%-48% in the last five years and researches expect they will own 50% by next year. Economists plan to bring up this issue and take action at the World Economic Forum this week.

This article was written by Faith Karimi from CNN on January 15, 2015. The author does a fine job explaining the economy's problem between the rich and poor without being bias towards one minority. In America's past there have been problems among the poor, middle class and the wealthy because it is difficult to keep each class pleased and still have a healthy and strong economy.

http://www.cnn.com/2015/01/19/world/wealth-inequality/index.html

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