Corporate reform is working for the billionaires

What you won't hear at a corporate education reform policy seminar

American families are becoming increasingly polarized along race, class and educational lines, according to a new report released Wednesday, a sign of growing economic inequality that was exacerbated by the Great Recession.

The report, “Divergent Paths of American Families,” found a widening gap in recent years between families that are white, educated or economically secure and minority families, those headed by someone with a high school degree or less, and poor families.

The concern, report authors say, is not that American families are becoming diverse. Advances in civil rights and women’s economic independence have opened up individual choice and transformed the American family in the past 50 years. The concern, they wrote, is that the divisions fall along race, class and educational lines and that they are accelerating.

“I was struck by how strong the divide has become in terms of education,” said report author Zhenchao Qian, a sociologist at Ohio State University. “The gap between the haves and the have-nots, and the children who excel and who lag behind, grew larger than ever in the 2000s.”

You won't hear it because the corporate reform movement is financially propped up by billionaire's and hedge fund managers, and they are making out quite nicely, thank you

The gulf between the richest 1 percent and the rest of America is the widest it’s been since the Roaring ’20s.

The very wealthiest Americans earned more than 19 percent of the country’s household income last year — their biggest share since 1928, the year before the stock-market crash. And the top 10 percent captured a record 48.2 percent of total earnings last year.

U.S. income inequality has been growing for almost three decades. And it grew again last year, according to an analysis of Internal Revenue Service figures dating to 1913 by economists at the University of California, Berkeley, the Paris School of Economics and Oxford University.

In 2012, the incomes of the top 1 percent rose nearly 20 percent compared with a 1 percent increase for the remaining 99 percent.

Now, back to sorting and ranking teachers.