100 corporate CEOs possess company retirement funds totaling $4.7 billion - an amount equivalent to the entire retirement savings of 41 percent of U.S. families. Things were not always like this. From 1946 to 1980, a combination of union action and government policy led to the expansion of pension benefits for American workers. Now, Donald Trump's pick to direct the Office of Management and Budget says: We have to end Medicare as we know it.
With our inequality coming close to that of Jamaica and Argentina, as Obama pointed out in his Dec. 4 speech on inequality and social mobility, we can no longer ignore the danger it poses to our democracy and living standards.
Spread the word