Tuesday, December 18, 2007
Income Inequaliy Quantified
Kevin has a great chart at Politcal Animal showing how divergent income growth has become between the various 'classes'. If you aren't in the top ten percent, your income, in 'real' dollars, has gone down since '79. If you aren't in the top 1%, your income has, at best, been flat. If you're in the top 1%, you probably aren't reading my blog, so screw you- go count your money!
Subscribe to:
Post Comments (Atom)
1 comment:
Actually, it's not that "income in real dollars" has decreased. Instead, it's share of national income that has decreased for the bottom 90% of the population.
I explained what this means here:
http://afferentinput.blogspot.com/2007/12/if-america-had-100-and-100-people.html
Post a Comment