"Most Americans are worst off than they were in 1997. What’s been happening in the United States is while the top has been doing very very well, the middle has not been doing very well. In fact, income in the middle – the median, half above/half below – is today lower than it was a decade-and-a-half ago."

Joseph Stiglitz, who just published a new book titled The Price of Inequality, explains how progressive taxation (aka, taxing the rich) will save our economy

Business Insider