Income inequality is a fact in America. It runs down deep into the system of governance itself. While many progressive politicians and activists attack it as the great evil of this country, more Americans have recognized income inequality as a natural part of our habitat, like a people who accept the withering freezing rain that is natural to their homeland. Millions of Americans acknowledge income inequality as a force of nature, the work of an indifferent God, something that is an inevitable part of our life. While we know income inequality is bad, just how bad is it? Surely we are no Sweden or Switzerland but what countries have similar levels of income inequality to us? Using the Gini index we get the scary and ugly answer.
What is the Gini index? The Gini index, also known as the Gini ratio, is a statistical measure of distribution intended to represent the income or wealth distribution. It is used to represent income inequality. 0.2 represents perfect income equality, […]
Every billionaire in that picture (four richest men in America- npr) is a democrat. It’s that the republicans fault too? If they are concerned about wealth inequality they can give their employees raises and send Uncle Sam a big check for the rest.