Economic Inequality In The United States

economic-inequality-in-the-united-states

From jmooneyham.com, this image represents how much cash separates the top 1% from the bottom 99% of the population in the United States. It gets worse:

During eight years of the Bush administration, the 400 richest Americans, who now own more than the bottom 150 million Americans, increased their net worth by $700 billion. In 2005, the top 1 percent claimed 22 percent of the national income, while the top 10 percent took half of the total income, the largest share since 1928….

The highest incomes come from executive pay at top corporations. In 2007, the ratio of CEO pay to the average paycheck was 344 to 1, lower than the record 525 to 1 ratio set in 2001, but substantial. [via Common Dreams]

[tags]economic inequality in the united states, income inequality in the united states, top 1%, top 10%, bottom 99%, bottom 90%, graphs on income inequality, graphs on inequality, share of american income, numbers, statistics, america, united states of america, poverty, poor, rich[/tags]

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