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“of the 1 percent saw a bit less than a doubling of real incomes. Those in the 90th through 99th percentiles simply stayed even, with incomes growing at the same rate as per capita GDP, or gross domestic product. And the bottom 90 percent lost relative ground, with their incomes since 1980 growing more slowly than per capita GDP. The result is that the top 1 percent now owns twice as great a share of national wealth as the entire bottom 90 percent. We went from being a world leader in opportunity to being a laggard.”
― Tightrope: Americans Reaching for Hope
― Tightrope: Americans Reaching for Hope
“I cannot remember the books I've read any more than the meals I have eaten; even so, they have made me.”
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“Life expectancy continues to rise in most of the rest of the industrialized world, but in the United States it has dropped for three years in a row—for the first time in a century. As we’ll see, American kids today are 55 percent more likely to die by the age of nineteen than children in the other rich countries that are members of the OECD, the club of industrialized nations. America now lags behind its peer countries in health care and high-school graduation rates while suffering greater violence, poverty and addiction. This dysfunction damages all Americans: it undermines our nation’s competitiveness, especially as growing economies like China’s are fueled by much larger populations and by rising education levels, and may erode the well-being of our society for decades to come. The losers are not just those at the bottom of society, but all of us. For America to be strong, we must strengthen all Americans.”
― Tightrope: Americans Reaching for Hope
― Tightrope: Americans Reaching for Hope
“Those who take lightly promises they make to those they love are people who find little lasting satisfaction in life. This is not an easy time in which to live. That does not mean that it has to be a difficult time to love, but it does mean that you will find unusual stresses upon your lives and your relationship.”
― The Well of Ascension
― The Well of Ascension
“The wealthy have also fought to underfund and defang the Internal Revenue Service, so it doesn’t have the resources to audit or fight dubious deductions. Only about 6 percent of tax returns of those with income of more than $1 million are audited, along with 0.7 percent of business tax returns. Meanwhile, there is one group that the IRS scrutinizes rigorously: the working poor with incomes below $20,000 a year who receive the Earned Income Tax Credit. More than one-third of all tax audits are focused on that group struggling to make ends meet, even as the agency cuts back on audits of the wealthy—while the top 5 percent of taxpayers account for more than half of all underreported income.”
― Tightrope: Americans Reaching for Hope
― Tightrope: Americans Reaching for Hope
Ingrid’s 2025 Year in Books
Take a look at Ingrid’s Year in Books, including some fun facts about their reading.
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