Downwardly Mobile America
James Pethokoukis has posted a new chart on his blog as part of his ongoing commentary about income inequality in America. In this post, he argues that “alarmists” are wrong to worry about income inequality because America has a lot of upward economic mobility: Turns out that the Tax …
There is No Increased Inequality, Unless You Look at the Top 1%
Shikha Dalmia writes that "Greedy Capitalists Hogging Wealth Are Not Causing Income Inequality." In her blog post she cites the lack of significant change in the Gini index of inequality among U.S. individuals in recent years: I'm a bit confused, because there is another famous graph …