It's the Inequality, Stupid - Eleven charts that explain what's wrong with America.

[xchrom]

http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph

HOW RICH ARE THE SUPERRICH?

A huge share of the nation's economic growth over the past 30 years has gone to the top one-hundredth of one percent, who now make an average of $27 million per household. The average income for the bottom 90 percent of us? $31,244.


Note: The 2007 data (the most current) doesn't reflect the impact of the housing market crash. In 2007, the bottom 60% of Americans had 65% of their net worth tied up in their homes. The top 1%, in contrast, had just 10%. The housing crisis has no doubt further swelled the share of total net worth held by the superrich.

WINNERS TAKE ALL
The superrich have grabbed the bulk of the past three decades' gains.

[Smarmie Doofus]

1. Good stuff there. Kicked, recommended and bookmarked.

Happy New Year and keep this board rockin' w. your great posts.

[xchrom]

2. Oh well, that was very nice. Thank you. Nt

[pipoman]

3. K&R

[Stuart G]

4. K and R..outstanding...nt

[aaaaaa5a]

5. Outstanding info. I am going to show this to my parents.

Threads like this are what DU should be about.

REC

[NJCher]

6. thanks--that just inspired an assignment

I teach speech communication. My college students are inclined to rush through their charts and what's worse, even look at them while they are speaking to the audience.

I will have them use these charts to learn how to explain a chart or graph; they will then have to explain it to the audience without turning around and looking at it. In other words, full-face to the audience.


Cher

[xchrom]

7. great assignment. nt

[Little Star]

8. k&r

[Tumbulu]

9. Lots of interesting charts- way at the bottom one can see that

the only lower paid group than farmers and ranchers are airline pilots.......But of course executives are on the top.

[newblewtoo]

10. K&R

Great Link. A must see / copy and distribute.

[PuffedMica]

11. Good reason to have a steep, progressive income tax rate

A little equality in income distribution would do this country good.

[rury]

12. K&R 400 million times!!!!

[DirkGently]

13. Nice.

[OmahaBlueDog]

14. K to the R

[toddaa]

15. xkcd has a better chart explaining exactly where you stand in comparison to the 1%

http://xkcd.com/980/

[Solly Mack]

16. K&R