Sentences with phrase «wealth than the rich»

And yes, income inequality is extremely important in determining the share of earnings that go into consumption because the poor tend to consume a larger share of their wealth than the rich.

Not exact matches

(Undoubtedly, the recent stock market rally certainly has some Americans feeling a lot richer as well, but since average U.S. families tend to have most of its wealth tied up in real estate rather than the financial market, the impact of housing is probably the more relevant one.)

Meanwhile, more than two - thirds of the world's 50 richest people are men who built up their wealth from nothing.

A wealth management CEO told CNBC that the rich are more than just the sum of their lavish homes, luxury vehicles and large bank accounts.

This chart shows how 8 billionaires have as much wealth as 3.6 billion people The wealth gap in the US is worse than in Kenya Trump's fortune drops to $ 3.1 billion, ties Snap's Evan Spiegel on new Forbes 400 rich list

The 2016 figures showed a further worsening of Hong Kong's wealth gap, as the richest 10 per cent of households - with a median monthly income of HK$ 112,450 - earned 44 times more than the poorest 10 per cent making an average of HK$ 2,560.

Druckenmiller, whose net worth is estimated at more than $ 2 billion, said that the implication of the Fed's policy is that the rich will spend their wealth and create jobs — essentially betting on «trickle - down economics.»

The richest 1 % now owns more than half of all the world's household wealth, according to analysts at Credit Suisse.

China is getting richer faster now than it did before, even though it looks like wealth creation is slowing (the difference is in the slower required accumulation of bad debt).

The way Robert Kiyosaki, educational entrepreneur of «Rich Dad» fame and member of the Hard Assets Alliance, started accumulating his wealth seems more than just a bit quirky.

America's 20 richest people now own more wealth than the bottom half of the rest of the population combined.

The Swiss bank, which has increasingly focused on banking for rich clients, is prioritizing growth in the U.S. and Asia where it expects the wealth of ultra-high net worth individuals to increase quicker than elsewhere.

Instead, I have gone through my career in national media with a misinformed sense of satisfaction that, as a perceptive young journalist, I called Trump on his lies and gave Forbes readers who used the Rich List as a barometer of private wealth a more accurate picture of his finances than the one he was selling.

Socrates, the model of a philosopher, is more than merely unintentionally poor: Indifferent to his own comforts, conversing with rich and poor alike, he exhibits a self - sufficiency that calls into question any necessity for wealth.

Now the richest 400 families in America control more wealth than half of the entire population.

Ruskin, a rich man, questioned the identity of progress and wealth: were these wealthy shopkeepers and shippers better specimens of humanity than the Englishmen of Johnson's or Shakespeare's or Chaucer's days?

He was rich, and he wanted his wealth more than he wanted the kingdom of heaven.

Riches can be an aid rather than a hindrance if the person who possesses wealth uses it to God's will.

Actually, Jesus» pragmatic teachings were far more compatible with theoretical Communism than Capitalism, especially regarding the radical redistribution of wealth and the probability of the rich getting into heaven.

And yet many rich people only pay lip service when needed or they might pay a pittance out of their wealth to «show» they can «donate» more than any poor person.

«It's easier for a camel to pass through the eye of the needle than for a rich man to enter the kingdom of heaven» (Don't mass more wealth than you need) AND «Pay unto Ceasar what Ceasar is due» (Pay your taxes)

(2) Wealth: «It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.»

Half a century after Independence, as of now, we have the largest population of poor people in the world, one third of our rural population is below the poverty line and despite the UN agencies» massive aid projects, the development assistance of the World Bank, bilateral aid, the Center and State governments» intervention, the gap between the rich and the poor has doubled in the last three decades - fifteen years ago the lowest 20 per cent of global population received 2.5 per cent of global wealth whereas at present, the share has been reduced to less than 1.3 per cent.

It's always tempting to look away when Jesus speaks to us of wealth, convincing ourselves that the rich young ruler is someone else who makes more money than we do.

This will not happen until the people and leaders, after centuries of deprivation, finally reaching Deng Xiaoping's admonition in the end of the 1970s that «to get rich is glorious,» but also come to realize (if ever) that it takes much more than wealth and power to provide a good life for all its people.

Some People say «there is no better things in life than being the richest man on earth», I say «gather the wealth of every single living creatures in the whole universe, yet it would fade away from the blissful wealth of sailing in the Ark lead by the Khalifa.»

There is simply no greater wealth, nothing richer to be found than the beauty, wisdom, and fullness of truth that lives in the Catholic Church.

Currently, eight of the richest individuals in the world have as much combined wealth than...

If political redistribution reaches a certain level, it must either send the economy into a downward spin (wealth being redistributed faster than it is produced) or dismantle democracy (to prevent those whose wealth is to be redistributed» a population which, as redistribution expands, will be very much larger than the richest group» from resisting).

The problem is that the pope is seeing economics as a «zero - sum gain», meaning that there will always be a dichotomy between rich and poor, rather than a belief that having wealth is a state of transition.

When Fosdick informed Rockefeller that he did not want to be known as pastor to the richest man in the country, he found his comeuppance in Rockefeller's retort: «Do you think that more people will criticize you on account of my wealth than will criticize me on account of your theology?»

But he experienced the fact, only too often, that possessions come between a man and God; to these men of wealth his words apply: «Woe to you, for you have received your consolation» (Luke 6:24); and so does his hard saying, not to be softened by anything in the figure employed, «It is easier for a camel to go through a needle's eye than for a rich man to enter the Kingdom of God» (Mark 10:25).

There is no food richer in meaning than rice: life, wealth, and prosperity accompany this grain, a cornerstone of Italian cuisine.

please stop with the financial constraint crap... one of the top 8 wealthiest clubs on planet owned by some fringe member of the walmart clan the richest family in the us charging fans amongst the highest ticket prices in the world... and anyway even clubs below arsenal in the wealth ranking have over the past 10 years won more top trophies than we have.

The oil rich countries who have gained wealth through the luck of geology rather than centuries of industrial development are amongst the worst culprits.

The survey also found that the rich women would be more careful with their wealth if they entered into a marriage than the rich men.

To clarify: I would define «largely cut taxes for the rich» as meaning the taxes of the top 1 % were in some way shape or form lowered a lot more than the taxes of the middle class or their wealth was significantly increased via corporate tax code changes

For example, and speaking from experience, if an individual works full - time and yet, at the end of the month, is only marginally better - off (if at all) than another individual who remains on state - benefits for years at a time, then how is this any more just (or why should one feel any less angry) than the apparent unfairness of the unearned wealth of the rich?

At the time I wrote that this concentration was only possible because prejudice, poverty and locality are so closely linked — especially in London, where the richest tenth had become 271 times better off by wealth than the poorest tenth of the population.

The amount lost by Gates alone is more than the entire wealth of Nigeria's richest woman, Folorunsho Alakija.

They say they've already cut back and laid off and that a cap would erode arts, sports and special programs, and hurt poorer and rural districts, which are more dependent on state aid than rich ones with greater property wealth.

With congressional wealth at obscene highs, it's clearer than ever that riches buy influence.

That would certainly skew the premise that rich nations are less religious than poor nations, even if the oil nations derive wealth from natural resources and not industry.

Going forward, we must work to ensure that all students — regardless of the region of the state or the wealth of the district — have access to a rich array of course opportunities in the humanities, the STEM fields, the Arts, Career and Technical Education, and languages other than English (LOTE),» said Commissioner King.

In my own view, the Labour Party have actually managed in the last eleven years to create, in ascending order of wealth (i) a working underclass that is actually poverty - stricken (ii) a large benefit - sustained, inactive element that is now economically better off than most of those who work (iii) the working middle - classes, who are being hammered into submission by rising taxes and prices and over-regulation (iv) the rich who are either exempt from or indifferent to taxation or regulation.

To drive this point home, Talbott quotes Denis Goulet in The Barefoot Expert: «It is discomforting for a sophisticated technical expert from a rich country to learn that men who live on the margin of subsistence and daily flirt with death and insecurity are sometimes capable of greater happiness, wisdom, and human communion than he is, notwithstanding his knowledge, wealth, and technical superiority.»

There is no food richer in meaning than rice: life, wealth, and prosperity accompany this grain, a cornerstone of Italian cuisine.

However, more than 50 % of rich women dating men, they usually compare the levels of wealth with theirs.

Angel Rich, founder and CEO of the Wealth Factory, has made it a priority to address this issue, which she says is greater than most imagine.

Speaking «truth to power,» his tax - the - rich talk at a Wall St. rally fit right in with the angry mob that thinks wealth is evil and that if A has more money than B, A owes B some of it.