Mapping income inequality
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Rocinante
Turtleneck
6 posters
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Mapping income inequality
The problem is a national one. While New York is the most unequal state, the Jackson metropolitan area, which spans Wyoming and Idaho, shows the greatest disparity at that level: there, the top 1 percent in 2013 earned an average income 213 times that of the bottom 99 percent.
http://www.citylab.com/politics/2016/06/economic-policy-institute-report-map-income-inequality-gap/487478/
http://www.citylab.com/politics/2016/06/economic-policy-institute-report-map-income-inequality-gap/487478/
Turtleneck- Geronte
- Posts : 42492
Join date : 2014-04-22
Re: Mapping income inequality
Lol @ "Jackson metropolitan area".
They truck in their workers for the day, that's all you need to know.
They truck in their workers for the day, that's all you need to know.
Rocinante- Geronte
- Posts : 20582
Join date : 2014-04-21
Location : East Lansing, MI
Re: Mapping income inequality
Rocinante wrote:Lol @ "Jackson metropolitan area".
They truck in their workers for the day, that's all you need to know.
Hey, you're here. Great news. Thought you quit the board forever.
Turtleneck- Geronte
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Join date : 2014-04-22
Re: Mapping income inequality
You could never be so lucky.
Rocinante- Geronte
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Join date : 2014-04-21
Location : East Lansing, MI
Re: Mapping income inequality
And we still did not feel the bern.
Other Teams Pursuing That- Geronte
- Posts : 36472
Join date : 2014-04-18
Re: Mapping income inequality
Golly Gee....seems that Piketty screwed this up too.
U.S. Income More Equal Than Advertised
U.S. Income More Equal Than Advertised
Phil Magness of the American Institute for Economic Research writes today:
In short, the widely reported explosion of inequality in the past three decades is likely a myth, built upon outdated and flawed statistics... Whereas Piketty and Saez show a massive century-long swing of almost 20 percentage points in the income share of the top 10 percent, the adjusted figures show a much flatter curve with a little over half the variation. Inequality still falls and rises under the revised numbers, but at a comparatively subdued rate. Under the adjustments, the top 10 percent income share seldom strays more than 5 percentage points away from a century-long average of about 35 percent. ...
Guest- Guest
Re: Mapping income inequality
LooseGoose wrote:Golly Gee....seems that Piketty screwed this up too.
U.S. Income More Equal Than AdvertisedPhil Magness of the American Institute for Economic Research writes today:
In short, the widely reported explosion of inequality in the past three decades is likely a myth, built upon outdated and flawed statistics... Whereas Piketty and Saez show a massive century-long swing of almost 20 percentage points in the income share of the top 10 percent, the adjusted figures show a much flatter curve with a little over half the variation. Inequality still falls and rises under the revised numbers, but at a comparatively subdued rate. Under the adjustments, the top 10 percent income share seldom strays more than 5 percentage points away from a century-long average of about 35 percent. ...
Heat Miser- Ephor (Operations)
- Posts : 8999
Join date : 2014-04-15
Location : Miami, FL
Re: Mapping income inequality
thanks for the mainstream media link.LooseGoose wrote:Golly Gee....seems that Piketty screwed this up too.
U.S. Income More Equal Than AdvertisedPhil Magness of the American Institute for Economic Research writes today:
In short, the widely reported explosion of inequality in the past three decades is likely a myth, built upon outdated and flawed statistics... Whereas Piketty and Saez show a massive century-long swing of almost 20 percentage points in the income share of the top 10 percent, the adjusted figures show a much flatter curve with a little over half the variation. Inequality still falls and rises under the revised numbers, but at a comparatively subdued rate. Under the adjustments, the top 10 percent income share seldom strays more than 5 percentage points away from a century-long average of about 35 percent. ...
Robert J Sakimano- Geronte
- Posts : 49607
Join date : 2014-04-15
Re: Mapping income inequality
LooseGoose wrote:Golly Gee....seems that Piketty screwed this up too.
U.S. Income More Equal Than AdvertisedPhil Magness of the American Institute for Economic Research writes today:
In short, the widely reported explosion of inequality in the past three decades is likely a myth, built upon outdated and flawed statistics... Whereas Piketty and Saez show a massive century-long swing of almost 20 percentage points in the income share of the top 10 percent, the adjusted figures show a much flatter curve with a little over half the variation. Inequality still falls and rises under the revised numbers, but at a comparatively subdued rate. Under the adjustments, the top 10 percent income share seldom strays more than 5 percentage points away from a century-long average of about 35 percent. ...
"The adjusted figures show a much flatter curve..."
Adjusted by whom, how, and for what reason?
Cameron- Geronte
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Age : 35
Location : Michigan
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