Timothy Noah

Wednesday 24th of April 2024

Banana republic Income inequality is actually declining in Latin America even as it continues to increase in the United States. Economically speaking, the richest nation on Earth is starting to resemble a banana republic. Timothy Noah, The Great Divergence © 2015 Kwiple.com
Bankers say They let us look at the money. They just don't give us any. Karen Akers, bank teller, quoted in The Great Divergence  by Timothy Noah © 2015 Kwiple.com
Income growth Democratic administrations have since 1948 presided over income gains that dimish as you move up  the income scale, while Republican administrations have presided over income gains that diminish as you move down the income scale. Timothy Noah, The Great Divergence © 2015 Kwiple.com
Income inequality Philippe Dauman, president and chief executive of Viacom, the entertainment conglomerate … got $84.5 million [in compensation in 2010] , an amount that exceeds the entire 2011-12 town budget for North Haven, Connecticut. It takes a village to pay a corporate titan. Timothy Noah, The Great Divergence © 2015 Kwiple.com
Meanness America was an angrier place during the 1960s and 1970s, but it's a meaner place today. Timothy Noah, The Great Divergence © 2015 Kwiple.com
Offshoring A 2006 report by the U.S. Government Accountability Office found that much administration of state government programs had been shifted offshore, including —in what seemed like a cruel joke— the processing of unemployment insurance claims. Timothy Noah, The Great Divergence © 2015 Kwiple.com
Work Businesses treat their least powerful employees as poorly as they can get away with, end of story. Timothy Noah, The Great Divergence © 2015 Kwiple.com