A rapidly aging white population and fast-growing younger minority groups are speeding demographic changes across the nation, hastening a political divide likely to have long-term ramifications.
The percentage of the U.S. population that is white has decreased from 79.6 percent in 1980 to 61.9 percent in 2014. The percentage of Latino-Americans has increased from 6.4 percent to 17.3 percent over the same time period, while both the African-American and Asian-American populations have grown, too.
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Time For Truth: (The Hill) – Aging white population speeding diversity
Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what is perhaps the biggest reason for the recent “anti-establishment” revulsion: an unprecedented concentration of wealth among a handful of people, as shown in its infamous global wealth pyramid, an arrangement which as observed by the “shocking” political backlash of the past few months suggests that the lower ‘levels’ of the pyramid are increasingly unhappy about.
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Time For Truth: (Zero Hedge) – Global Wealth Update: 0.7% Of Adults Control $116.6 Trillion In Wealth
The IMF on Thursday urged Argentina to stay the course on tough economic reforms, but also to take steps to protect the poor from the negative consequences.
In the first report on the nation’s economy in a decade, marking full restoration of relations between Buenos Aires and the International Monetary Fund, the fund said it will take time for the reforms to bear fruit and there will be “negative short-term impact” of the policy changes.
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Time For Truth: (France 24) – IMF urges Argentina to continue reforms, protect poor
President Obama has been loud and clear about his fight against income inequality, but he admitted that the rich have fared far better than the poor during his time in the White House.
In an interview that aired Sunday on ABC’s “This Week with George Stephanopoulos,” the show host cited a recent study from the University of California, Berkeley, that found 95% of income gains from 2009 to 2012 went to the top 1% of the earning population.
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Time For Truth: (CNN) – Obama admits 95% of income gains gone to top 1% (2013)
The controversy over genetically modified crops has long focused on largely unsubstantiated fears that they are unsafe to eat.
But an extensive examination by The New York Times indicates that the debate has missed a more basic problem — genetic modification in the United States and Canada has not accelerated increases in crop yields or led to an overall reduction in the use of chemical pesticides.
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Time For Truth: (The New York Times) – Doubts About the Promised Bounty of Genetically Modified Crops