Inconvenient Income Inequality
Published: December 16, 2011
Is income inequality becoming the new global warming? In other words, is this another case where the facts of an existential threat lose traction among a weary American public as deniers attempt to reduce them to partisan opinions?
It’s beginning to seem so.
A Gallup poll released on Thursday found that, after rising rather steadily for the past two decades, the percentage of Americans who said that the country is divided into “haves” and “have-nots” took the largest drop since the question was asked.
This happened even as the percentage of Americans who grouped themselves under either label stayed relatively constant. Nearly 6 in 10 Americans still see themselves as the haves, while only about a third see themselves as the have-nots. The numbers have been in that range for a decade.
This is the new American delusion. The facts point to a very different reality.
Read the full story here: The New York Times
- Oligarchy, American Style – NYTimes.com (wpvins.wordpress.com)
- More Freedom, More Wealth for All: No Connection Between Income Inequality & Standard of Living (rogueoperator.wordpress.com)
- The Inequality Map – NYTimes.com (policyabcs.wordpress.com)