Recently, the liberal magazine Mother Jones published a collection of infographics under the headline It’s the Inequality, Stupid, which was connected to Kevin Drum’s article on the standoff in Wisconsin, which had the subtitle “How screwing unions screws the entire middle class.”. Here are two of the infographics and their associated captions:
WINNERS TAKE ALL
The superrich have grabbed the bulk of the past three decades’ gains.
OUT OF BALANCE
A Harvard business prof and a behavioral economist recently asked more than 5,000 Americans how they thought wealth is distributed in the United States. Most thought that it’s more balanced than it actually is. Asked to choose their ideal distribution of wealth, 92% picked one that was even more equitable.
As a further supplement here’s a pie chart by Alex Knapp showing financial wealth distribution: