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11-19-2018, 01:16 PM
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#1 |
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Radical Centrist
Join Date: Jan 2001
Location: Cottage of Prussia
Posts: 31,423
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Income inequality decreasing, all income levels seeing improvements
 source (Robert J. Samuelson, Washington Post) (paywalled) |
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11-19-2018, 04:09 PM
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#2 | |
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Snowflake
Join Date: Mar 2006
Location: Dystopia
Posts: 13,136
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Quote:
If not, incomes have effectively dropped by 5%, 16%, 17%,16%, and 17% from top to bottom. All categories going negative, but the "least" negative on the poorest quintile. I guess the question for that lowest quintile is, "how well were the poorest people in the country doing in 2000, " followed by, "are they able to survive while doing 5% worse"? Five percent of a millionaire's income doesn't affect whether they can afford food/shelter/medicine, five percent of a poor person's income probably does. Losing 16% of effective income for the person making 40 grand is *definitely* hurting them.
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****************** There's a level of facility that everyone needs to accomplish, and from there it's a matter of deciding for yourself how important ultra-facility is to your expression. ... I found, like Joseph Campbell said, if you just follow whatever gives you a little joy or excitement or awe, then you're on the right track. . . . . . . . . . . . . . . . . . . . . . . . . . . Terry Bozzio Last edited by Flint; 11-19-2018 at 04:14 PM. |
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