View Single Post
Old 10-11-19, 04:39 AM   #7691
u crank
Old enough to know better
 
u crank's Avatar
 
Join Date: Dec 2011
Location: Prince Edward Island
Posts: 11,569
Downloads: 136
Uploads: 0


Default

Quote:
Originally Posted by Hawk66 View Post
The gini coefficient
https://www.census.gov/library/visua...ome--1967.html

is continuously on the rise the last decades, which is a KPI in science of inequality.
Your country is now on a similar level of inequality like Russia.
That report from the link quoted is from 2015.

Quote:
The Census Bureau released the 2018 Income and Poverty in the United States report. The news is good.
https://www.realclearmarkets.com/art...od_103941.html

Quote:
When income and employment go up, and poverty goes down, that’s unalloyed good. The Gini coefficient is more complicated. It mainly fluctuates based on how financial markets are doing, because top earners depend largely on investments, and those are more volatile than the salaries that underpin middle-class incomes.
Quote:
However, 2018 worked for everyone. The economy did well, all the real measures of economic well-being were improved, and the Gini coefficient went down. More money, more equality. But you wouldn’t know it from the headlines.
__________________

“Two possibilities exist: either we are alone in the Universe or we are not. Both are equally terrifying.”

― Arthur C. Clarke




u crank is offline