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The "L" curve, an income distribution graph..

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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 12:19 AM
Original message
The "L" curve, an income distribution graph..
http://www.lcurve.org/

The US population is represented along the length of the football field, arranged in order of income.

Median US family income (the family at the 50 yard line) is ~$40,000 (a stack of $100 bills 1.6 inches high.)

--The family on the 95 yard line earns about $100,000 per year, a stack of $100 bills about 4 inches high.

--At the 99 yard line the income is about $300,000, a stack of $100 bills about a foot high.

--The curve reaches $1 million (a 40 inch high stack of $100 bills) one foot from the goal line.

--From there it keeps going up...it goes up 50 km (~30 miles) on this scale!
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The Magistrate Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 12:22 AM
Response to Original message
1. An Excellent Piece, Sir: thank You For Sharing It
Edited on Sat Dec-13-08 12:31 AM by The Magistrate
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 12:25 AM
Response to Reply #1
2. It does sort of put things in perspective, eh? n/t
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The Magistrate Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 12:32 AM
Response to Reply #2
5. That It Does, Sir, And In a way People Need Badly To Comprehend
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 12:27 AM
Response to Original message
3. The only complaint is that the site should update those statistics.
Beyond that, it illustrates the true wealth distribution in the US.
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 12:38 AM
Response to Reply #3
6. It does have a little disclaimer..
(Actually, these percentages, true a decade ago, are now out of date. The top one percent are now estimated to own between forty and fifty percent of the nation's wealth, more than the combined wealth of the bottom 95%.)
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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 12:31 AM
Response to Original message
4. Thanks K&R n/t
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pinto Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 01:18 AM
Response to Original message
7. Thanks for the post. Sometimes a good graphic speaks volumes.
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Dyedinthewoolliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 03:01 AM
Response to Original message
8. That's a great website!
Thanks for showing it to us! :)
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 08:26 AM
Response to Original message
9. Kick for the Weekend Krewe n/t
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 08:30 AM
Response to Original message
10. It is a grotesquely ignorant nation that needs a sports analogy to understand its income inequality
Edited on Sat Dec-13-08 08:31 AM by ThomWV
If we bothered to teach jack shit in schools or if our news organizations informed the people this would not be necessary.
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 08:33 AM
Response to Reply #10
11. You say that like it's a bad thing..
How would our corporate overlords pull the wool so far over our eyes if we were not grotesquely ignorant?

Why do you hate America?
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tomp Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 11:20 AM
Response to Original message
12. those are the people whose taxes should be raised astronomically.
taxes or pitchforks.
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