2023/12/09
2023/12/08
Todays Thought
The real index of civilization is when people are kinder than they need to be.
-Louis de Bernieres, novelist (b. 8 Dec 1954)
2023/12/07
The top 1% of American earners now own more wealth than the entire middle class
The top 1% of American earners now control more wealth than the nation’s entire middle class, federal data show.
More than one-quarter of all household wealth, 26.5%, belongs to Americans who earn enough money to rank in the top percentile by income, according to Federal Reserve statistics through mid-2023.
The top 1% holds $38.7 trillion in wealth. That’s more than the combined wealth of America’s middle class, a group many economists define as the middle 60% of households by income. Those households hold about 26% of all wealth.
Low-income Americans, representing the bottom 20% by income, own about 3% of the wealth.
Todays Thought
If we don't believe in freedom of expression for people we despise, we don't believe in it at all.
-Noam Chomsky, linguistics professor and political activist (b. 7 Dec 1928)
Layed off?
1. Read carefully
2. Consider pushing back
3. Consider legal options
4. Tune up your résumé and LinkedIn
5. Go modest when taking it public
6. Work your network
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