Watch the growth of U.S. income inequality with this animated map | TigerDroppings.com

Posted byMessage
Hoyas
Georgetown Fan
Member since Sep 2013
2478 posts

Watch the growth of U.S. income inequality with this animated map




LINK

Watch the growth of U.S. income inequality with this animated

Here's a fascinating visualization of how inequality in the United States has evolved over the years. Red means lower inequality within a state, green means higher inequality:

The map was created by John Voorheis, a graduate student at the University of Oregon, and was passed along by Mark Thoma of Economist's View. More specifically, the map shows the change in Gini coefficients -- a measure of income inequality -- within states over time.

One notable trend here: The Deep South, as well as New York and California, saw the fastest growth in income inequality over time. Eventually, though, all states start shading green by the late 2000s as inequality grows. The financial crisis, in particular, saw a sharp rise in income inequality.

Why is this happening? Back in 2011, the Congressional Budget Office investigated the rise in U.S. income inequality between 1979 and 2007 and concluded that it was driven by two big trends. First, business income has become more heavily concentrated at the top, likely due to the growth of high incomes in privately owned professional firms such as law, medicine, and finance. Second, capital income -- dividends, rental income -- has become much more unequally distributed as well.



This post was edited on 9/21 at 1:38 pm



Back to top
Share:
Taxing Authority
LSU Fan
Houston
Member since Feb 2010
22423 posts

re: Watch the growth of U.S. income inequality with this animated map


"income inequalty" is a tool of the propagandist for cultivating greed in the masses.


This post was edited on 9/21 at 1:41 pm


Back to top
goldennugget
Lamar Fan
Bias Monitor
Member since Jul 2013
6709 posts

re: Watch the growth of U.S. income inequality with this animated map


Since when is it the role of our government to dictate how much a person can make and how much a business can pay their employees?

Show me where in the constitution?






Back to top
Quentin Compson
LSU Fan
Member since Jun 2013
3117 posts

re: Watch the growth of U.S. income inequality with this animated map


quote:

Why is this happening?
We worship business and call every program that seeks to abolish economic economic inequality "socialist". Just imagine how high that coefficient will go if libertarians invade the republican party and scale back on programs. The entire country would be green as a golf course.






Back to top
Lsupimp
LSU Fan
Member since Nov 2003
30085 posts

re: Watch the growth of U.S. income inequality with this animated map


Productive people need to put the brakes on so that maps like this don't make liberals feel so bad.

The antidote for your graph here: LINK



This post was edited on 9/21 at 1:47 pm


Back to top
Lsupimp
LSU Fan
Member since Nov 2003
30085 posts

re: Watch the growth of U.S. income inequality with this animated map


And another one:
LINK






Back to top
  Replies (0)
MFn GIMP
LSU Fan
Owensboro, Kentucky
Member since Feb 2011
8461 posts

re: Watch the growth of U.S. income inequality with this animated map


quote:

Just imagine how high that coefficient will go if libertarians invade the republican party and scale back on programs.

Income inequality, in and of itself, is not a bad thing so long as income is rising across all quintiles.






Back to top
  Replies (0)
fleaux
LSU Fan
section 0
Member since Aug 2012
6164 posts
 Online 

re: Watch the growth of U.S. income inequality with this animated map


Maybe its happening because the welfare system has made it too easy and comfortable to want to better yourself and increase your income......while at the same time the producers keep on trucking and raising theirs.... How can this be the producers fault ??? Maybe if we lower the amount of welfare then the lazy will have more incentive to raise their income





Back to top
deltaland
Mississippi St. Fan
Member since Mar 2011
23095 posts
 Online 

re: Watch the growth of U.S. income inequality with this animated map


quote:

How can this be the producers fault ??? Maybe if we lower the amount of welfare then the lazy will have more incentive to raise their income



this






Back to top
Lsupimp
LSU Fan
Member since Nov 2003
30085 posts

re: Watch the growth of U.S. income inequality with this animated map


Watch the Horwitz video I linked. Even a Lib can understand. He talks slowly.





Back to top
  Replies (0)
udtiger
LSU Fan
Louisiana
Member since Nov 2006
24467 posts

re: Watch the growth of U.S. income inequality with this animated map


Funny how two liberal meccas (CA and NY) turn green and stay green.





Back to top
  Replies (0)
Volvagia
LSU Fan
Baton Rouge
Member since Mar 2006
40539 posts
 Online 

re: Watch the growth of U.S. income inequality with this animated map


quote:

Second, capital income -- dividends, rental income -- has become much more unequally distributed as well.


So basically, over time, sacrificing the wants of now for better things later yields greater and greater returns as the years go on and even continues over generations if the same prudent attitudes perpetuates?


What bull shite. Those greedy frickers should be taxed.






Back to top
  Replies (0)
RidiculousHype
LSU Fan
Baton Rouge
Member since Sep 2007
2227 posts

re: Watch the growth of U.S. income inequality with this animated map


I love income inequality. It shows that elite production is being properly rewarded by the market.





Back to top
lsuroadie
LSU Fan
South LA
Member since Oct 2007
5377 posts

re: Watch the growth of U.S. income inequality with this animated map


quote:

I love income inequality. It shows that elite production is being properly rewarded by the market.






Back to top
  Replies (0)
skidry
LSU Fan
Member since Jul 2009
924 posts

re: Watch the growth of U.S. income inequality with this animated map


Inflation affects the lower and middle classes disproportionately.





Back to top
  Replies (0)
kingbob
LSU Fan
St. Amant, LA
Member since Nov 2010
17882 posts

re: Watch the growth of U.S. income inequality with this animated map


Wouldn't one reason Wouldn't the fact that government benefits are mostly not considered "income" be a huge reason why income iniquity appears to be rising? I would think that having such a large and increasing percentage of citizens on government assistance with a declared income of zeroc combined with the fact that employed persons' wages rise slowly over time would contribute to the bulk of this inequity more than any strawman argument about rising CEO salaries.





Back to top
  Replies (0)
sugar71
UCLA Fan
baton rouge
Member since Jun 2012
1601 posts

re: Watch the growth of U.S. income inequality with this animated map


It's the consequence of 'trickle down' economics theory which Bush Sr. even criticized as 'voodoo' economics. So many tax breaks & welfare to the rich beginning with Reagan(The "voodoo High Priest").

The only 'trickle down' to the middle class is the urine on their heads .






Back to top
MFn GIMP
LSU Fan
Owensboro, Kentucky
Member since Feb 2011
8461 posts

re: Watch the growth of U.S. income inequality with this animated map


quote:

It's the consequence of 'trickle down' economics theory which Bush Sr. even criticized as 'voodoo' economics. So many tax breaks & welfare to the rich beginning with Reagan(The "voodoo High Priest").

The only 'trickle down' to the middle class is the urine on their heads .

Why is income inequality bad if everyone's incomes are rising?






Back to top
Meauxjeaux
Memphis Fan
I have 89,275 posts with my alters
Member since Jun 2005
16605 posts
 Online 

re: Watch the growth of U.S. income inequality with this animated map


So California and New York have pretty much always lead the nation in inequality?

Nice graph.



This post was edited on 9/21 at 3:25 pm


Back to top
NC_Tigah
LSU Fan
Member since Sep 2003
51271 posts
 Online 

re: Watch the growth of U.S. income inequality with this animated map




Watch the growth of U.S. household income with this animated map.

Here's a fascinating visualization of how household income in the United States has evolved over the years. Red means lower income within a state, green means higher income:

The map was created by NC Tigah, a past graduate student at Louisiana State University. It is passed along here to point out stupidity of the OP. More specifically, the map shows the change in real median income per household in inflation adjusted dollars -- set at 2009 dollar value -- within states over time. Real income for the median US household is up nearly 20% over the period. Unfortunately federal taxation, by the same measure, increased 75% during the same timespan.

One notable trend here: The Deep South, as well as New York and California, saw the fastest growth in income over time. Eventually, though, all states start shading green by the late 1990's and 2000s as income grows.






This post was edited on 9/21 at 3:36 pm


Back to top
  Replies (0)


Back to top