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Bill USA

(6,436 posts)
Mon Sep 17, 2012, 04:19 PM Sep 2012

10 key charts about inequality - ThinkProgress

http://thinkprogress.org/economy/2012/09/17/856711/ten-inequality-charts-occupy/

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2) America’s 1 percent have 288 times as much wealth as the median household. This constitutes a huge increase from 1962, when the ratio was 125-1.




4) The middle class is shrinking. According to Prof. Alan Krueger, Chairman of President Obama’s Council of Economic Advisers, “the shift in income inequality over the last three decades is the equivalent of moving $1.1 trillion of income from the 99 percent to the top 1 percent every single year.”




6) Workers aren’t being compensated for productivity increases. As this chart from the Economic Policy Institute shows, productivity gains over the last several decades have not translated into rising compensation.




7) The bottom 95 percent of Americans have $1.48 in debt for every $1 in earnings. The top 5 percent, meanwhile, have 64 cents in debt for every $1 in earnings, according to a report from the International Monetary Fund.

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