Letter: Income Disparity

Written By Unknown on Senin, 23 September 2013 | 13.26

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To the Editor:

Re "Top 10% Took Home Over Half of U.S. Income in 2012" (Business Day, Sept. 11):

This disheartening but not surprising situation, the highest level of disparity ever, creates significant psychological stress for young adults who fear they will never be able to own a home or have a comfortable middle-class lifestyle, while at the same time they are bombarded by media images of luxury.

This increase in income disparity should be seen as a problem for all of us, not just those who are struggling. It has the potential to undermine our stability as a country and damage our reputation in the world. Voters should keep this in mind when making their choices in the coming elections.

KARYL GILBERT COLE
East Hills, N.Y., Sept. 11, 2013


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