Uncategorized

Today’s amazing inequality statistics

These come from a recent University of California Alumni Association profile of economist Emmanuel Saez and his work that was linked to by the excellent online newsletter Too Much:

The top 1 percenters in the United States, for example, have seen their share of national income rise from under 8 percent in 1970 to just under 20 percent in 2010. A similar pattern is seen in Canada, which also adopted the same esprit de laissez-faire that made Reaganomics the hallmark of United States fiscal policy in the 1980s.

In contrast, over the same period, the top 1 percenters in Japan saw their share of national income inch up from 8 to 9.5 percent. French and Swedish plutocrats were similarly deprived. (Emphasis supplied).

Meanwhile, check out the following amazing graph of Census data that also comes from the folks at Too Much:

Inequality - Shrinking nest eggs

Source: Too Much Online – A project of the Program on Inequality and the Common Good of the Washington, D.C.-based Institute for Policy Studies

Check Also

Policy Prescription #6 – The case for Medicaid expansion remains as strong as ever

As the 2018 legislative session gets underway in ...

Top Stories from NCPW

  • News
  • Commentary

When Andrea Hudson was pulled over for a routine traffic violation in 2013, the police officer found [...]

Right now in Shenzhen, which, with 12 million people is the fastest-growing city in China, a young c [...]

On Tuesday, Senate President Pro Tem Phil Berger—one of the state’s most powerful Republican politic [...]

Unsurprisingly, the agenda for the General Assembly's "short session" that commences [...]

The post Bite the Apple & NC’s HB2 Legacy appeared first on NC Policy Watch. [...]

When I headed off to college, I could not have predicted that many of the funding streams, positions [...]

For those who pay only periodic attention to the ins and outs of lawmaking in the North Carolina Gen [...]

The post Know your ‘Thug’ appeared first on NC Policy Watch. [...]

Now hiring

NC Policy Watch is now hiring a Managing Editor – click here for more info.