Furthermore, the number of billionaires grew by 10 percent to 1,542, with more than a third of them located in the United States. Despite rising economic inequality in the United States, Congress has kept the minimum wage stuck at $7.25 an hour since 2009. But the super-rich do have problems. Not surprisingly, the new super-rich are now scrambling to acquire well-trained, impeccably-groomed, and properly-behaved servants, even at a substantial cost. But there is no evidence that this is a popular position among the “billionaire class.”In any case, the problems of the super-rich are rather unique, and do not appear to be those of most other people.

Source: Huffington Post October 30, 2017 02:26 UTC