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The Income Divide

Me INCOME DIVIDE all men are created egual... then divided THE EVER WIDENING GAP Онly 65% 3% of Americans believe the distance between wealthy and poor has increased in the last 3 years of which think the widening gap is a good thing US income inequality has not been this high since 1928 SHARE OF TOTAL ANNUAL INCOME by income bracket groups Top 1% Next 4% Next 5% Bottom 90% DISTRIBUTION OF INCOME 100% I Top 1% I Bottom 90% 75% 50% 1982 25% 2012 0% 1917 1930 1950 1970 1990 1912 20% 40% 60% WEALTH VS. INCOME WEALTH STAGNATION 0% 20% 40% 60% 80% 100% 2/3 TOP 20% Children born in the The highest earning fifth currently earns 59.1% of all income top 20% will stay there but Only 1/20 BOTTOM 20% The richest fifth holds 88.9% of all wealth Children born in the bottom 20% will climb to the top Between 1979 and 2011, wages grew by: +. 37% and 113% but only 6% for those in the for those in the for median top 5% top 1% workers LOCATION, LOCATION, LOCATION THE BEST AND WORST GLOBAL STATUS I Greater economic equality than the US Less economic equality than the US Chance of making it to the top 20%: n/a A child born in the bottom 20% in Charlotte, NC only has a 4.4% whereas A child born in the bottom 20% in San Jose, CA has a 12.9% The US 44TH out of 86 countries in the US Palma ratio for minimum wage, far below other developed countries is ranked RACE IS STILL A MAJOR FACTOR MEDIAN HOUSEHOLD INCOME BY RACE/ETHNICITY in 2012 dollars Black Hispanic White Asian $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 SI0,000 1967 1975 1983 1991 1999 2007 2011 ARE WE READY FOR CHANGE? As of February 24, 2014 32 58% and states are considering raising minimum wage of Americans are more likely to support politicians who want to raise minimum wage to $10.10 It's been 50 years since Lyndon Johnson began the "War on Poverty". Is it too late to restore the American Dream? SOURCES: BUSINESS-MANAGEMENT-DEGREE.NET DEVELOPED BY N NOWSOURCING

The Income Divide

shared by NowSourcing on Apr 14
This infographic provides a deeper look into the income divide and what is causing it.


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