Visual analogy for the disparity

01-martin

Incomes of bottom 90 percent grew $59 in 40 years

By , Monday, Mar 25, 2013 04:12 PM CDT

 

Pulitzer Prize-winner David Cay Johnston has highlighted yet more statistics that illuminate the spike in income inequality in the U.S. in recent decades. Flagging Johnston’s analysis, HuffPo noted Monday, “Incomes for the bottom 90 percent of Americans only grew by $59 on average between 1966 and 2011 (when you adjust those incomes for inflation)… During the same period, the average income for the top 10 percent of Americans rose by $116,071.”

Johnston offered a visual analogy for the disparity in a column for Tax Analysts last month:

The vast majority averaged a mere $59 more in 2011 than in 1966. For the top 10 percent, by the same measures, average income rose by $116,071 to $254,864, an increase of 84 percent over 1966.

Plot those numbers on a chart, with one inch for $59, and the top 10 percent’s line would extend more than 163 feet.

Now compare the vast majority’s $59 with the top 1 percent, and that line extends for 884 feet. The top 1 percent of the top 1 percent, whose 2011 average income of $23.7 million was $18.4 million more per taxpayer than in 1966, would require a line nearly five miles long.

Natasha Lennard is an assistant news editor at Salon, covering non-electoral politics, general news and rabble-rousing. Follow her on Twitter @natashalennard, email nlennard@salon.com.

 

http://www.salon.com/2013/03/25/incomes_of_bottom_90_percent_grew_59_in_40_years/ or http://bit.ly/10GTleO

Photograph by Claire Martin, from the series “The Downtown East Side,” 2010:  http://www.bjp-online.com/british-journal-of-photography/q-and-a/1720976/-documentary-difficult-publish-claire-martin or http://bit.ly/aWubDF or http://tinyurl.com/2uo56eb

Related Posts

I keep sighing Here we go again: Islamophobia and protests By Mohamed el Dahshan, September 12, 2012   “I demand the expulsion of diaspora Copts from Egy...
Whoever Bacile turns out to be Hollywood of hate By Matt Duss, Wednesday, Sep 12, 2012 07:00 PM CDT   Not since the Pamela Anderson-Tommy Lee honeymoon tape has a crappi...
Politics and religion don’t mix The provocateurs know politics and religion don't mix By Robert Fisk, Thursday 13 September 2012   So another internet clever-clogs sets t...
Interfaith benevolence Interfaith Misunderstanding in America By Brian D. McLaren, 09/10/2012 12:30 pm   It's been a great year for interfaith misunderstanding...
A gentle strength that transcends My Take: It’s time for Islamophobic evangelicals to choose By Brian McLaren, September 15th, 2012   I was raised as an evangelical Chris...
Some are guilty, but all are responsible The forgotten massacre By Robert Fisk, Saturday 15 September 2012   The memories remain, of course. The man who lost his family in an earl...
Reality is far more complex and nuanced Don’t let extremists determine we are in a ‘clash of civilizations’ By Khaled Diab, Sep.23, 2012 11:35 AM   Karl Marx once said that histo...
The pieces are all in place The persecution of John Kiriakou By Peter Van Buren, 23 Sep 2012 12:35   Here is what military briefers like to call BLUF, the Bottom Li...
Follow Him Peace Be Upon You By William Saletan, Friday, Sept. 14, 2012, at 4:57 PM ET   Dear Muslims, Christians, Hindus, and Jews, You’re livi...
How radical and warped Guantanamo prisoner’s tragic letter By John Knefel, Sunday, Sep 16, 2012 09:00 AM CDT   Adnan Latif was found dead in his cell on Septembe...

Permanent link to this article: https://levantium.com/2013/03/26/visual-analogy-for-the-disparity/

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.