Johnson was educated at Eton College and studied Classics at Balliol College, Oxford. He was elected President of the Oxford Union in 1986. In 1989, he became the Brussels correspondent and later a political columnist for The Daily Telegraph, where his articles exerted a strong Eurosceptic influence on the British right. He was the editor of The Spectator magazine from 1999 to 2005. After being elected MP for Henley in 2001, Johnson served as a junior Shadow Minister under Conservative leaders Michael Howard and David Cameron. In 2008, he was elected Mayor of London and resigned from the House of Commons; he was re-elected as Mayor in 2012. During his mayoralty, Johnson oversaw the 2012 Summer Olympics, introduced the New Routemaster buses, a cycle hire scheme and the Thames cable car, and banned alcohol consumption on much of London's public transport.
Wealth, like income and taxes, is highly concentrated; the richest 10% of the adult population possess 72% of the country's household wealth, while the bottom half claim only 2%. According to a September 2017 report by the Federal Reserve, the top 1% controlled 38.6% of the country's wealth in 2016. According to a 2018 study by the OECD, the United States has a larger percentage of low-income workers than almost any other developed nation. This is largely because at-risk workers get almost no government support and are further set back by a very weak collective bargaining system. The top one percent of income-earners accounted for 52 percent of the income gains from 2009 to 2015, where income is defined as market income excluding government transfers. In 2018, U.S. income inequality reached the highest level ever recorded by the Census Bureau.
More InfoIn the 18th and early 19th centuries, American art and literature took most of its cues from Europe. Writers such as Washington Irving, Nathaniel Hawthorne, Edgar Allan Poe, and Henry David Thoreau established a distinctive American literary voice by the middle of the 19th century. Mark Twain and poet Walt Whitman were major figures in the century's second half; Emily Dickinson, virtually unknown during her lifetime, is now recognized as an essential American poet. A work seen as capturing fundamental aspects of the national experience and character—such as Herman Melville's Moby-Dick (1851), Twain's The Adventures of Huckleberry Finn (1885), F. Scott Fitzgerald's The Great Gatsby (1925) and Harper Lee's To Kill a Mockingbird (1960)—may be dubbed the "Great American Novel."
More InfoThe military budget of the United States in 2011 was more than $700 billion, 41% of global military spending. At 4.7% of GDP, the rate was the second-highest among the top 15 military spenders, after Saudi Arabia. Defense spending plays a major role in science and technology investment, with roughly half of U.S. federal research and development funded by the Department of Defense. Defense's share of the overall U.S. economy has generally declined in recent decades, from Cold War peaks of 14.2% of GDP in 1953 and 69.5% of federal outlays in 1954 to 4.7% of GDP and 18.8% of federal outlays in 2011.
More InfoDirector D. W. Griffith, the top American filmmaker during the silent film period, was central to the development of film grammar, and producer/entrepreneur Walt Disney was a leader in both animated film and movie merchandising. Directors such as John Ford redefined the image of the American Old West, and, like others such as John Huston, broadened the possibilities of cinema with location shooting. The industry enjoyed its golden years, in what is commonly referred to as the "Golden Age of Hollywood," from the early sound period until the early 1960s, with screen actors such as John Wayne and Marilyn Monroe becoming iconic figures. In the 1970s, "New Hollywood" or the "Hollywood Renaissance" was defined by grittier films influenced by French and Italian realist pictures of the post-war period. In more recent times, directors such as Steven Spielberg, George Lucas and James Cameron have gained renown for their blockbuster films, often characterized by high production costs and earnings.
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