Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"5 Charts that Show How Increasing Income Inequality Leads to Less Opportunity"
5 Charts that Show How Increasing Income Inequality Leads to Less OpportunityBy Nick Bunker at the Centre For American Progress
http://www.americanprogress.org/issues/economy/news/2012/12/05/46817/5-charts-that-show-how-increasing-income-inequality-leads-to-less-opportunity/
"SNIP...........................................
High levels of income inequality are associated with low levels of economic mobility, argues University of Ottawa economist Miles Corak in a new report from the Center for American Progress. Here are some key charts from the report, How to Slide Down the Great Gatsby Curve, that explain this phenomenon.
Note: The intergenerational earnings elasticity measure used in the charts below describes the percentage of a parents relative income position that his child inherits. A higher elasticity means lower economic mobility, as this means a childs relative income position as an adult is more determined by his fathers position than by other factors. (All of the academic research in this area looks at father-son pairs because of data availability.)
The Great Gatsby Curve shows that children born in countries with high levels of income inequality will experience less economic mobility on average than children born in more equal countries. (see Figure 1)
..........................................SNIP"
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 1000 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (4)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
"5 Charts that Show How Increasing Income Inequality Leads to Less Opportunity" (Original Post)
applegrove
Dec 2012
OP
joeunderdog
(2,563 posts)1. Please. You are letting the facts get in the way of their platform.
Stop it. Repeat after me, "Lowering taxes on the rich results in stimulation of the economy."
applegrove
(118,686 posts)2. LOL!
OldDem2012
(3,526 posts)3. It also leads to rising anger among the Lower 99% that may eventually lead to revolution. nt.