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Economic inequality
Thursday, May 19th, 2011
May 18, 2011
The Washington, D.C. thinktank Economic Policy Institute conducted an analysis of the ratios of average incomes of America’s rich and bottom 90 per cent of the population. The analysis covered the period 1980 to 2006. In that 26-year time span, the ECI found that the top one per cent of earners had incomes 10 times more than earnings for the remaining population in 1980. However, this had doubled to 20 times over the remaining population by 2006. And, the top 0.1 per cent rose from 20 times earnings in 1980 to almost 80 times earnings by 2006.
Tags: economy, ideology, participation
Posted in Equality Debates | 1 Comment »
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