Chart o’ the Day: Get Me My Violin

This is the hilarious part of the economic recovery – where the bottom half of the top 1% begin to cry “Inequality!” as they compare their circumstances with those in the top half. I weep for them, get me my violin.

This is an area of actual concern for New York Times readers, apparently:

in 2012, the average household in the bottom 90 percent of the income distribution earned about $30,997. For the average household in the top 1 percent, the figure is $1,264,065, and for the top 0.1 percent, about $6,373,782.

Put another way, our 0.1 percent household made about 206 times, and our 1 percent household about 41 times, what our average household did. That gap has yawned over time. In 1990, for instance, the same multiples were 87 and 21. In 1980, they were 47 and 14.

violin

 

Source:

Even Among the Richest of the Rich, Fortunes Diverge (NYT)

What's been said:

Discussions found on the web
  1. click here commented on Sep 14

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2014/02/11/chart-o-the-day-get-me-my-violin/ […]

  2. Micro Pomeranian Puppies commented on Oct 09

    … [Trackback]

    […] There you can find 93444 more Info to that Topic: thereformedbroker.com/2014/02/11/chart-o-the-day-get-me-my-violin/ […]

  3. 안전공원 commented on Oct 16

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2014/02/11/chart-o-the-day-get-me-my-violin/ […]

  4. Top DevOps consulting companies commented on Dec 01

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2014/02/11/chart-o-the-day-get-me-my-violin/ […]

  5. 사설토토 commented on Dec 15

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2014/02/11/chart-o-the-day-get-me-my-violin/ […]

  6. red bull wholesale commented on Dec 21

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2014/02/11/chart-o-the-day-get-me-my-violin/ […]

  7. bmo online banking sign in page commented on Jan 17

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2014/02/11/chart-o-the-day-get-me-my-violin/ […]