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Pop Culture

A 'Daily Show' correspondent asks a millionaire about inequality and gets an unexpected response.

Wealth inequality has never been funnier.

economics, poverty, The Daily Show

This could be the guest house.


Inequality has gotten worse than you think.

An investigation by former "Daily Show" correspondent Hasan Minhaj is still perfectly apt and shows that the problem isn't just your classic case of "the rich get richer and the poor get poorer."


As much as we hear about wealth inequality these days, one disparity remains mostly ignored: the gap between the wealthy and the ridiculously wealthy.

Minhaj spoke to Richard Reeves, an economist with the Brookings Institute, who painted a dark picture:

wealth, comedy, Hasan Minhaj

Wealth inequality on the rise.

All GIFs via Comedy Central.

The study Reeves refers to points to the growing wealth of the top 10th of the top 1%:

"The rise of wealth inequality is almost entirely due to the rise of the top 0.1% wealth share, from 7% in 1979 to 22% in 2012 — a level almost as high as in 1929. The bottom 90% wealth share first increased up to the mid-1980s and then steadily declined."

And no one's paid any attention.

Between the cries of the 45.3 million people in poverty and a dwindling middle class inevery state, the voice of the average millionaire is all but drowned out.

the one percent, inequality, investment

Millionaires unconcerned with financial disparity.

All GIFs via Comedy Central.

But not all millionaires are worried about growing inequality in the top 1%.

In his search for a concerned millionaire, Minhaj met Morris Pearl, a retired investment banking director and member of an organization called The Patriotic Millionaires. Minhaj was baffled by what Pearl had to say:

resources, rich, Ronald Reagan

Investment banking pays well.

All GIFs via Comedy Central.

What about trickle-down economics?

Trickle-down theory was popularized under Ronald Reagan's presidency. The idea was that clearing a path for the rich to make more money would spur more private investment, which would lead to more jobs and higher wages for all workers.

tax breaks, income, classism

Attempting the preach the reverse.

All GIFs via Comedy Central.

Reagan put trickle-down theory into practice in two basic ways: by lowering taxes for the wealthy and by freezing wages for the poor.

In 1981, he cut the top marginal income tax rate — which only applies to the highest-income households — from 70% to 50%. Then in 1986, he more than doubled-down by slashing the rate to 28%. (The current rate is 39.6%.) And under Reagan's leadership, the minimum wage was frozen, even as costs of living were rising.

Pearl and other so-called Patriotic Millionaires think top one-percenters like themselves should pay more taxes.

trickle-down theory, financial institutions, comedy show

Making rich people richer.

All GIFs via Comedy Central.

Not only that, they believe raising the minimum wage is critical to reducing inequality.

OK, maybe not everyone — including millionaires — are convinced that giving more money to the rich will fix the economy. So why do our policies do just the opposite?


This article originally appeared on 3.23.15

Pop Culture

Here’s a paycheck for a McDonald’s worker. And here's my jaw dropping to the floor.

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Making a little over 10,000 for a yearly salary.


I've written tons of things about minimum wage, backed up by fact-checkers and economists and scholarly studies. All of them point to raising the minimum wage as a solution to lifting people out of poverty and getting folks off of public assistance. It's slowly happening, and there's much more to be done.

But when it comes right down to it, where the rubber meets the road is what it means for everyday workers who have to live with those wages. I honestly don't know how they do it.

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5-star Scottish resort offers whimsical afternoon tea experience with 'naughty sheep'

Cameron House's Woolly Wellness retreat includes tea in the garden with adorably rude guests.

Cameron House/Naughty Sheep

Cameron House's Woolly Wellness retreat includes a unique sheep encounter.

Remember when "goat yoga" was all the rage? And then "cow cuddling" and "turkey cuddling" made everyone's bucket lists?

Now we can add "nuzzling with naughty sheep" to the mix, but with a fancy Scottish twist.

Less than an hour from Glasgow, Scotland, the Cameron House resort sits on the bonnie banks of Loch Lomond, looking as if it were plucked straight out of a fairy tale. Sprawling green grounds, gorgeous lake views and a four-story castled mansion greet guests as their "home away from home" (only better), and a perusal of the reviews show guests raving about the 5-star resort's elegance, beauty and exceptional service.

I mean, just look at this place:

drone view of cameron house grounds and lakeCameron House sit on Lake Lochmond in Scotland.Cameron House


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A pitbull stares at the window, looking for the mailman.


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But let’s be honest: In a traditional domestic setting, dogs have fewer chores they can do as they would on a farm or as part of a rescue unit. A doggy mom in Vancouver Island, Canada had fun with her dog’s purposeful uselessness by sharing the 5 “chores” her pitbull-Lab mix does around the house.

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Wait, so 90's fashion is in, but 90's hair is out?

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A wild Eurasian crow befriended a toddler and won't leave his side

Crows are so much smarter than we think.

A Eurasian crow.

A family from Denmark has created a touching video montage documenting their unique friendship with a wild Eurasian crow. This crow, affectionately named Russell, has become an honorary member of their household, forming special bonds with each family member, including the pets.

However, the crow's relationship with their son, 2-year-old Otto, is truly extraordinary. “They could spend hours just playing,” Otto’s mother, Laerke Luna, says in a video shared by The Dodo. "When Otto is outside, he will never leave Otto’s side.”

Russell, the free-spirited crow, ventures away from the family's home from time to time, but never for too long. He always comes back and announces his return by tapping on the door, swooping in to lounge on the sofa, or awaiting Otto's return from school atop their roof.

“When we are inside, he will sit inside the window because he wants Otto to go outside with him,” Laerke said.

The family’s relationship with Russell didn’t come out of nowhere. When Russell was a young bird, he had health problems so the family took him and nursed the bird back to health. Eventually, they witnessed his first attempts to fly.

Recently, Russell became friends with another family member, their second child, Hedwig. Although he does get a little annoyed with the bird’s frequent attempts to nab his pacifier.

Even though it’s rare for humans to strike up such a close bond with a crow, according to research, it’s not that surprising. Audubon says that crows are “some of the smartest animals in the world” with an intelligence “on par with chimpanzees.” They are also very social and family-oriented, so no wonder Russell loves Otto and his family.

Crow Named Russell Waits For His Favorite Kid To Get Home From School | The Dodo


Learning

Why you shouldn't throw your dishwasher pod into the bottom of your dishwasher

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Photos by cottonbro studio and PhotoMIX Ltd. via Canva

Why your detergent shouldn't go in the bottom of the dishwasher

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