Thursday, September 19, 2013

Income inequality and stagnation again

Brief post, prompted by comment on previous post. Below the Mean Household Income Received by Each Fifth and Top 5 Percent.
Note that in real terms the bottom has had no gains since the early 1970s really. And that's true of the lowest three quintiles. Only the two highest quintiles have seen some increase in income, but at least at this level of aggregation since the 2000s there is no growth at the top too (if you open up the top 5 percent, things might change). Data here.

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