Part of the Series
Moyers and Company
Over the weekend, a YouTube video breaking down income inequality in America went viral. As a reader of BillMoyers.com, you may have been aware that the disparity in wealth between the richest one percent of Americans and the bottom 80 percent has grown exponentially over the last thirty years — but the video, posted by user politizane and relying on data from a popular Mother Jonespost, focuses on the difference between the ideal disparity that Americans would like to see and the reality.
The gap is a lot larger than many informed Americans realize.
Watch the video.
The video drew on statistics also discussed in a 2011 Mother Jones article, “It’s the Inequality, Stupid.”
Briefly, we wanted to update you on where Truthout stands this month.
To be brutally honest, Truthout is behind on our fundraising goals for the year. There are a lot of reasons why. We’re dealing with broad trends in our industry, trends that have led publications like Vice, BuzzFeed, and National Geographic to make painful cuts. Everyone is feeling the squeeze of inflation. And despite its lasting importance, news readership is declining.
To ensure we stay out of the red by the end of the year, we have a long way to go. Our future is threatened.
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