Word: riches
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...Many economists now believe at least two other factors have contributed to the growth in inequality: globalization and Reagan's big cuts in taxes on the rich. Even as it rewards those at the top of their fields worldwide with spectacular paydays, globalization holds down earnings for millions of Americans who compete with workers overseas - not only lower-skilled factory and phone-center workers but also engineers, lawyers and doctors. Public opinion has reacted to this with increasing distrust of free trade, a wariness that both Obama and Clinton have echoed in their campaigns. But this is touchy territory: trade...
...what should be done about income disparity? In an April Gallup poll, 68% of respondents said wealth "should be more evenly distributed" in the U.S. - the highest percentage saying so since Gallup started asking the question in 1984. A smaller majority, 51%, agreed that "heavy taxes on the rich" were needed...
...refreshingly archaic affair, an old-fashioned book written in an old-fashioned style. It's less a novel about Los Angeles than it is Los Angeles--in-novel-form, an attempt to embrace and describe and sum up the city by mixing fictional story lines about diverse characters--rich, poor, homeless; black, white, Mexican--with actual facts (somebody might want to check them) about L.A.'s freeways and crime rates and history and such. It's reminiscent of one of Tom Wolfe's billion-footed beasts, but it's even more reminiscent of the socially conscious early 20th century naturalism...
...food in Nicaragua," Ortega said. "We have to fill Nicaragua with food, even in our yards at home, we have to plant a little bit of beans and corn. This will mean income, and will assure us food... it will allow us to export to international markets, to the rich countries that have money to pay for these products...
...fact that no modernization, no technology and no industry has ever arrived in Nicaragua is now a great advantage for the country," says Cirilo Otero, head of the Center for Research on Environmental Policy. With rich volcanic soils, some 443,000 hectares of fallow farm land waiting to be put back to work, and a long agricultural tradition of growing basic food products, Nicaragua "has the best conditions in Central America" to become a regional breadbasket, Otero says...