US household incomes grew in 2017, yet inequality worsens

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  • Frozen Fractals Salt Lake City, UT
    Sept. 13, 2018 11:52 a.m.

    @Harrison Bergeron
    "Jill saw a larger numerical increase than Joey, even though it was the same percentage. Is Joey worse off than before because of that disparity? "

    Everyone going up the same percentage would mean no change in inequality. For income inequality to increase that would mean something more like the rich gained an average of 3% while the poor gained an average of 1%.

  • Harrison Bergeron Holladay , UT
    Sept. 12, 2018 10:00 p.m.

    Happy Valley Heretic & Ralph

    Time for a story problem.

    Joey was making $150,000/year and Jill was making $200,000/year in 2016. Both saw their income increase by 25% in 2018. Johnny was working part time for $20,000/year, but is now full time making $40,000/year. Sally was unemployed and now has a full time job making $30,000/year.

    Questions:

    Who is now worse off than they were before?

    Jill saw a larger numerical increase than Joey, even though it was the same percentage. Is Joey worse off than before because of that disparity?

    Both Jill and Joey are now making much more than before compared to Johnny and Sally. Are Johnny and Sally worse off than they were before?

    Would it be better for everyone to go back to the way it was because of the larger income disparity?

  • NoNamesAccepted St. George, UT
    Sept. 12, 2018 9:14 p.m.

    So, everyone is doing better, but we are unhappy because some have made more gains than others?

    Pride and covetousness really do destroy happiness. Rather than taking joy in the good I have, I will be unhappy because someone else has more.

    Words fail to express the lack of wisdom. ..

  • worf McAllen, TX
    Sept. 12, 2018 5:37 p.m.

    There will always be inequality.

    People are not identical.

  • Ralph Salt Lake City, UT
    Sept. 12, 2018 5:06 p.m.

    Harrison: "The AP will put a negative spin on every bit of good news during a Republican administration. "

    The job of the media is not to be the cheerleaders of government.

    Should the media have concealed the fact that income inequality has worsened?

    Oh yes, let's bury all the news that doesn't glorify our dear leader!
    Let us celebrate the fact that the rich have gotten disproportionately richer thanks to the Republican tax cut for billionaires!

    Ugh.

  • Happy Valley Heretic Orem, UT
    Sept. 12, 2018 4:42 p.m.

    Harrison Bergeron said: "The AP will put a negative spin on every bit of good news during a Republican administration. Everyone is doing, better but because some are doing better than others, the entire article focuses on that. "

    I guess the positive spin would be the rich are growing much, much, much, wealthier and the rest of American still have jobs?

    That tax break was used to buy back stocks so that shareholders increase their wealth, but that doesn't effect the workers does it?

    How should the AP have put a positive spin on the last GOP administration as unemployment skyrocketed, along with debt, and a crashing economy?

    Nope when the GOP is in charge it concentrates on concentrating wealth among the few.

  • Harrison Bergeron Holladay , UT
    Sept. 12, 2018 4:02 p.m.

    "… yet inequality worsens"

    The AP will put a negative spin on every bit of good news during a Republican administration. Everyone is doing, better but because some are doing better than others, the entire article focuses on that. What do you call that? Class warfare, socialism, jealousy, etc. Socialism is only fair because it makes everyone equally poor (except the party leaders, they are exempt).

    What would the AP headline look like if we discovered the cure for all cancer tomorrow?

    "Cancer cured, oncology professions predicted to see downturn"

    The focus of the article would be about how terrible it was for people's livelihood involved in the long-term treatment of cancer patients.

    These people really are too much.

  • Happy Valley Heretic Orem, UT
    Sept. 12, 2018 2:42 p.m.

    That's what trickle down does, until so much is at the top, that the bottom revolt, see French Revolution for the end result of voodoo economics, aka the only GOP economic plan.

    Inflation has gobbled up the measly tax break, and raises that Donald is bragging about at his cheer rally's.