
In the late 1980s, Wisconsin was ranked as the fifth most equal state in income distribution. Since then, the state has dropped to 11th, and the gap continues to widen, according to the Center on Wisconsin Strategy (COWS) and the Wisconsin Council on Children and Families (WCCF).
“Greater
inequality feeds on itself. It makes fewer people willing to help pay
for critical public goods, like education, which further increases
inequality,” said COWS Director Joel Rogers. “It makes the idea of
common sacrifice for a common good seem silly, rather than common
sense.”
AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.

AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.


