Home

Income inequality is increasing, and so are the studies about it. Income is a reflection of society’s systems. Since about 1974, income inequality has accelerated as changes in regulations and restrictions encouraged concentrations of income for some and stagnation or decreases for others. The debates are becoming more serious and engaging more people, but the systems are largely unchanged, so the increase in income inequality is unchanged.

“The U.S. Census Bureau publishes two measures of income inequality each year. According to the most recent report, the top 5% of households received 21.8% of “equivalence-adjusted” aggregate income in 2014, while the bottom 60% received just 27.1%. (Equivalence-adjusted estimates factor in different household sizes and compositions.)” – Pew Research

The top 1% now make 21.2% of the nation’s income. The bottom 90% make barely more than half, 50.2%. If money is power, then the bottom 90% are about to represent less than half the power.

(Click on the chart for the link.)

“The Many Ways To Measure Income Inequality” – Pew Research

Advertisements

2 thoughts on “Income Inequality Increase Continues

  1. Pingback: Data That Matters September 2015 | Pretending Not To Panic

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s