A Giant Statistical Round-Up of the Income Inequality Crisis in 16 Charts

[Coyotl]

This needs to be considered as the Cliff approaches and solutions are discussed.

A Giant Statistical Round-Up of the Income Inequality Crisis in 16 Charts
http://www.theatlantic.com/business/archive/2012/12/a-giant-statistical-round-up-of-the-income-inequality-crisis-in-16-charts/266074/

Now we are engaged in a great tug-of-war over a few points in the top tax rate in Washington. But even if the White House pulls hardest, it won't amount to much of a victory for the long-suffering middle class. The sources of their income stagnation are too deep, too varied, and too long-term for Clinton-era tax rates to cure them.

"There is a huge amount of focus on progressive taxes in our policy world but progressive taxes are not much of a solution to this," said Lawrence Mishel, president of the left-leaning Economic Policy Institute. "We need to get unemployment down rapidly. We need to greatly change our labor standards. We need to raise the minimum wage."

He's right: The middle class crisis -- and its resulting income inequality -- is the most important economic story of our time. There are a million ways to tell it, and here's another: an annotated slide show, culled from the amazing 2012 edition of the State of Working America from EPI.

Here we go: ...........

[NYC_SKP]

1. Fuck the 1%.

[dkf]

2. Does that track the same people or does it link lottery winners together?