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Which American Cities Have The Biggest Income Inequality
The top 5% of San Francisco households (the highest 'high income' city in a recent study on income inequality) earns over 47 times the income of the bottom 20% in Detroit (the lowest 'low income' city). As WSJ reports, a recent Brookings Institution study finds Atlanta, GA has the widest gap between rich and poor in the nation (followed by San Francisco, Boston, and Miami) and Virginia Beach, CA has the least income inequality.
Atlanta, GA remains the most un-equal large city in America and Virginia Beach, CA the least...
As Brookings concludes, these findings confirm that income inequality remains a salient issue in many big cities today.
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So, it's time to buy back some more shares America...
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Who Fucking cares?
Brookings? Please.
Propaganda, please.
is zerohedge sure they moved virginia beach to california? TYPO...lol
What.. No Boise !!?
Sheesh..
not surpirsed NYC is near the top, it's like a Dickens novel here.
On a wealth inequality related note: If you happen to be in the city and are about to get on a subway car and you luckily find that there's no one in it (or only a few chinese people), there's a reason for that. Namely a bum who has shit his pants and the smell permeates the entire car. If something looks too good to be true, it is. So cram it in with the rest of the suits in the next car.
Everyone knows rich people don't make income! They HAVE wealth. Income is taxable, silly sheeples.
Change the chart title to
What cities pay the most to the free shit army
Fixed it.....
VA beach should be no mystery. They have probably the highest number of military personell in that area of any American city, its practically all thats in that area, and they obviously aren't going hungry. Its a shithole too.
"What cities pay the most to the free shit army"
Exactly. That's what causes the "horrors" of income inequality: Pay people to be stupid, not work, and vote for you. Stop giving people "free" (but very costly to tax payers) gubmint shit and they will start earning incomes, reducing income inequality. Problem solved. Once again, gubmint **is** the problem.
You from the Boise area? Quite the hidden gem for the most part.
Hey, if the lazy fuckers dont want to work then fuck em. Stay stoopid., stay broke, and keep whining.
Poor pitiful me bullshit getting way beyond tiring.
The gap is the result of the government and not one fucking thing else.
Who gives a shit...
Do you not know how many skulls full of mush with $150K degrees in social justice you just offended? They **DESERVE** your income. They are SPECIAL. They got gold stars on their homework.
I prefer to blame it on the worship of false gods leading the plunge, Rev Pied Jackson and the Rev. Piper Runt Sharpton. The downtrodden minorities will never achieve anything resemblimg bootstrapping by following those two charlatans and as long as the govt provides disincentive loot of entrenched institutionalized freebies. Yeah. it's loot, looted from the productive.
Of course, that's only a part of the problem, though significant, but a growing percentage of whites are becoming worthless for similar reasons.
I was about to post a headbanger rant on how those dots strongly correlate with blue-states... and then I saw your post.
Thank you for snapping me out of it. This income inequality propaganda is all MEANINGLESS!
It's nothing but a SCAM...
Perhaps it is a scam but it should be useful.
"Income equality is greatest in cities with biggest governments and most progressive policies."
"First they lie to you. Then you vote for them. Then they rape you."
Or something like that.
The black/white race baiting scheme is the smoke screen cover for the central American / Mexican invasion.
The gov has them so blindsided from this that they do not realize their welfare is being usurped right under their noses..
The meskins are the usurpers... When they reaslize this, then there will be hell to pay.
If the blacks do not come together and stand as Americans, their days are numbered in this country.
HOLLEEEEY shit, this can only mean that since Birmingham and New Orleans are not on the list, no one makes shit, therefore, they all are at the same destitute level. Oh wait... Birmingham crooks are still splitting up the defaulted sewer bonds, or rather, what was left after Goldman and JPMC finished their first dibs on the carcass.
HHmmmm.......that map kinda looks like this one.
https://en.wikipedia.org/wiki/Federal_Reserve_Bank#/media/File:Federal_R...
Coincidence ?
There will always be someone who is broke.
Money printing will ensure that the top continues to grow.
Income inequality can only get bigger.
Income inequality has a way of getting bigger and bigger until it all of a sudden gets a lot smaller. There is a reason that the Romans had Panem et Circenses.
"There's a sucker born every minute."
-P.T. Barnum
Only now, the circus itself is an entire nation and the audience is captive. Enjoy the show, folks.
(Fun Fact: The Ringling Brothers Circus is a CIA subcontractor; most field agents are sent to "Clown College" to learn sleight of hand. Their training school is in Venice, FL, the same Venice, FL that housed Rudy Decker's flight school which supposedly "trained" the 9/11 "hijackers." Oliver North's uncle, the drug-smuggling general himself, was none other than John Ringling-North, former head of the Ringling Brothers. Like I said, enjoy the fucking show.)
And that there is one of the best reasons to read the comments - truly can learn something new every day.
4U9525? Germanwings: VIDEO
VIDEO from Crash-Site:
http://www.mmnews.de/index.php/etc/40481-4u9525-germanwings-video
Compare that to shankville, pa. Let's roll!
You really believe that fairytale? LOL
That'll teach Merkel and Hollande to interfere in Ukraine.
Good to know. I guess.....?
never heard of Virginia Beach, CA...where is that?
Pangaea ~ It used to be a prosperous continent until the cheesepopes arrived and started counterfeitting money... Now nobody remembers it anymore...
I was just brushing up on my early 17th century history the other day, and get this, they had INTERNATIONAL currencies and NATIONAL currencies side by side, at that time. The national currencies were being debased so rapidly no one would accept them for international trade, so you had to use an accepted (gold or silver) international currency, like a Venetian gold ducat.
Now why were the national currencies being debased so rapidly? To provide a source of seignorage/income for the 'sovereign' governments, of course! But that was a long time ago...
Surely there are no pertinent lessons for our time in such an irrelevant yarn.
Tim Cook had it moved...he needed his own personal beach..
CA and VA are just one fat-finger apart on the QWERTY keyboard.
It's not the locale, it's the money system.
The more income that can be derived by skimming via leverage, the higher it will be skewed.
The only thing locale will tell you is where the juice is flowing to or from.
pods
So the top earners in one liberal utopia (san fran) earn 47x more than the lowest earners in another liberal utopia (detroit)....SHOCKING.....
I've read this several times, and it makes absolutely no sense.
Should we try the inverse? Top earners in some <red state utopia> make 47x the lowest earners in <other red state utopia>.
Wow, they both show income disparity, and it is indepenent of which false label that someone puts on them for laughs.
Could it be something OTHER than which side of the coin you like best? Like, WHO owns the coin maybe? WHY we have to use a coin at all?
pods
The ratio of the difference between the 'red state' disparity and 'blue state' disparity is MUCH different. If you care to run the numbers, by all means - but the comment was merely meant for any liberal sheep whos idealogy is based on wealth distribution, more and more government and the welfare state that will surely DECREASE wealth inequality - THAT is the false label.
What really doesn't make sense is why some people need to sign their 'name' after posting a comment. You're not that important
well said, pods!
The key is, regardless of state political leaning, you'll see more inequality in "blue" cities than red ones.
If one was going to start a business based on strong financial demographics, this could be useful information. I've always mused, would you rather cater to a million $2 customers, or two $1 000 000 customers??
When I hear someone is a billionaire, I usually assume they have 'made it' by stealing $1 from a billion people.
When I hear it, I just figure that the since it has a '$' in front of the billion, the so called 'wealth' is valued in joobux ~ which is essentially the same [stealing] thing you referred to...
Recipe for increased income inequality: One heaping dose of "free trade," one big serving of H1-B workers, one big dollop of illegal immigrants, one giant portion of "campaign contributions" to help ensure these bad policies are enacted and never addressed, and there you have it! You've utterly annhilated the middle class, by using the simple magic of supply and demand; increase the supply of labor while simultaneously decreasing the demand for it. Congratulations!
Oh, and good luck finding people who can afford to buy the crap you sell, since you've taken everyone who works for a living and reduced their wages to the bare minimum needed to survive.
Excellent list. But you should also include currency devalution as a result of deficit spending.
Before any shills cry "deflation" I challenge said shills to compare what $13 (US Median individual hourly wage per the SSA) would buy in 1995 vs what it buys now.
Atlanta, Ga. has a perfectly good baseball stadium and a perfectly good football stadium, yet 2 new stadiums are being built...Can we say Bread and Circuses?...And Atlantans are bad at math, found about 50 scratched off Georgia lotto tickets on a subway seat - the very poor finance the education of the well-to-do if their kids go to UGA or Georgia Tech - ain't that special?...
They are calling them stadiums so as not to excite the plebes. Still exciting but less alarming.......
But UGA be rayciss. Except for their 90% black football team.
Atlanta, GA does indeed have a perfectly good baseball stadium, except that it's located smack-dab in the middle of a high-crime ghetto, driving away the suburban season ticket-holders the Braves need to remain profitable. The new stadium will be in suburban Cobb County, which is a much safer, cleaner and more upscale environment that can support the restaurants, retail and entertainment venues fans lack in and around Turner Field. As for the new football stadium, yeah, I don't get the point of that one. They are literally moving across the street so it's hard to see what will be gained in return for all those taxpayer dollars. The Georgia Lottery is essentially a voluntary tax, and to those who volunteer I say "thank-you very much", though my kids chose out-of-state colleges, of course.
And what are the demographics again for Detroit and Atlanta...?
All democrat strongholds. ALL.
Atlanta is Detroit in 10 years
Have you been there lately?
I live there and he's probably right. Atlanta, and Georgia in general, is experiencing a huge influx of blacks from other parts of the country, particularly the northeast and upper midwest. The area has the reputation of having a strong support network for blacks, providing a solid base for black culture, being steeped in civil rights history, and for being the home of several HBCUs. I read recently in an article lamenting the election losses of Michele Nunn (US Senate) and Jason Carter (GA Governor) that by 2016 the influx of democrat voters might well be enough to turn the state blue. Our house is going on the market next spring.
Income inequality ushers in communism, not capitalism.
You've been deceived.
The Vandals of old are approaching the gates.
They want their tribute.
Young fools.
Your numbers dwarf those of the mob.
Detroit wins the loser bracket, lowest 20 household income $8,982!? That is saving up for Ramen night.
Would like to publicly thank my parents for getting me out of that brink of a 3rd world as a tyke. I was born on 8mile but definitely no MnM.
The big blue dots seem eerily consistent to where the Fed's regional offices are...
Of course, the billions if not trillions of non-employment passive income for the ultra rich are not in the calculation.
Or accumulated wealth.
Among the tools like race, religion, nationality, legal immigration status, culture traits, the stats, such as this one, has only one purpose that is to divide the wage slaves so that they are guaranteed to be busy fighting one another and never pointing their anger at what and who have made them slaves in the first place.
That's as may be, but the point is that in terms of income equality we were in much better shape for most of the 20th century and we thought it was permanent.
Now, if indeed even the poor are much better off now, then it would matter less that those who were merely rich before are now crazy rich. But the trick is that it's the middle 2/3 who are worse off and continue in free fall, worse yet if you exclude government workers.
Dem gubmint salaries tho.
I don't care about the 95 percentile and 20 percentile.
I care about 1 percentile and, say, 50 percentile, or even 0.01 percentile and 80 percentile.
On that basis, I think it would be New York, DC, Los Angeles, San Francisco, as one would expect.
Balance sheet is a better long term indicator of wealth disparity. If that were available, the dispersion would be off the charts. Besides, who knows how income is being measured in this survey.
Income inequality this, income inequality that.....LOOK: Did you grow up in America? Then you had every opportunity to make the big bucks that the rich did.
Yes, the Elites are mostly a bunch of inbreds who keep the money 'in the family' and send their kids off to Hahvahd and Yale and Oxford to meet other Illuminati spawn and network themselves into a $250,000/year job right out of college.
Yes, the Banksters have been stealing your $$$$ via inflation since at least early 1900. Printing money for themselves, creating $$$ out of thin air using the banking system to create 'credit' out of nothing.
STILL: If you're BROKE the only one you have to blame is YOURSELF! So quit the fucking whining already, take responsibility for yourself and GET A JOB! (Or CREATE one!)
It's funny listening to leftists talk about income inequality and it's not fair yet they do not make the connection to the type of government that is running their state/city.
All these cities are ran by democrats yet the income inequality increases when the left runs their government. The Marxist run education system has been a complete success because people are so dumbed down that they believe that only if we tax more will prosperity occur. Absolute idiocy on parade.
The movie Idiocracy was so dead on balls accurate it should've been given some form of Nobel Prize for science or something. But that movie illustrates the failure of government and highlights the virtue of free thinking and liberty.
Talking about liberty is like painting about farting.
Factor in housing and cost of living and San Francisco (whole Bay Area really) is by far the worst.
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good thing th eleft is so focused on improving public education, and not just busing kids 2 hours across the city to another shitty school so all the poor kids can enjoy diversity... and shitty schools....
Who gives a flying fuck? I escaped the USA 26 years ago and tripled my income the day I left. I know of NO ONE here living off CC's. or payday loans (illegal here).
California is so fucked. Look at all the uber google/ techies living in the Bay Area who are 99.99% liberals that make good money, that pushes out the riff raff who complain about the wealthy, to push the cost of everything up and so government has to come in to make things fair which increases taxes on to wash rinse and repeat.
Truly, stupid is as stupid does. And nobody does it stupider that the left.
USA is so fucked because retards keep playing the left vs right game while getting fucked in the ass. LOL
Oxfam reports that just 80 people possess the same quantity of wealth as 3.5 billion others.
Inequality = Privatization of the Earth
http://michael-hudson.com/2015/01/inequality-privatisation-of-the-earth/
These 80 then must be 43,750,000 times more productive than a single wage earner?
They are really working hard, to make goods and services, and put their goods/services on the market as prices. They must not sleep.
Stop blaming the victims!
The private banker "credit" money system itself takes about 40% rents in the form of higher prices. Monopoly and other rent activity probably takes another 30%.
The transfer of the earths wealth and human labor value, upward into a vertical pyramid, is really welfare for the rich. These rich then usurp government, and when government malfunctions, they blame it and suggest that more privatization is needed.
Go ahead people, continue to be dupes.
So, I guess most of the poor walking around - maybe many are stupid, but they weren't born just so rentiers could mount them and have a party in their ass.
I don't worry abouyt inequality but those 20th percentile averages are interesting to compare to each other. Poor Detroit. 9000 a year means you're movin' on up.
I live in Minneapolis, and this confirms personal observations. About 3 blocks south of my house is a monument in somebody's yard. A WWI vet, Minneapolis firefighter, and black man, bought a house for himself and his family in about 1932. A couple thousand whites rioted, because black people weren't "supposed" to live on that side of 46th st. The cops and firefighters stood watch around his house to protect him. His comment was something to the effect that when he was in the mudhole trench hell of WWI, nobody said a black man shouldn't be there, so why the hell couldn't he house his family where he could afford to.
Now Minneapolis is a very nice city, comparitively clean and functional, with public institutions and infrastructure that actually work. Sure, I can complain, and do, but compared to almost any other metro are of its size, this is a a very nice place. But we have the largest "Achievement Gap" between white kids and black kids in our schools, in the country. Black poverty is concentrated in a couple areas of town, and is intractable. If you took a map of schools doing poorly, and a map of per-capita income, and overlaid them, they'd be the same map, and the poor areas would be the near South side and the near North side, where the poor black people live.
The Mexicans and other Latin Americans are doing very well, as compared to the timeline of other immigrant populations. The Hmongs have been having a rougher time, and the Somalis rougher still, but all of them are doing better in a mere couple of decades than the American Black population as a whole. The Black middle class is fine, or at least as OK as the rest of us in the middle class. We have a better economy, higher wages, better jobs etc., than America on average. But our Black underclass is way behind and falling off the pace.
It's a very segregated city in many ways. I'm not at all surprised to see we're on the high side of income inequality. Those of us doing OK to very well outstrip the rest of the country for the most part. Those of us not doing well are probably lagging all but the worst hell-holes in America.
"But we have the largest "Achievement Gap" between white kids and black kids in our schools, in the country."
AND YOU ALWAYS WILL, YOU F*CKING MORON!! Because blacks, as an ethnic group, can't compete on an equal footing with Whites in today's techno-industrial society. How many more trillions of dollars will have to be wasted on trying to bridge the unbridgeable 'achievement gap' before this fact sinks in?
And almost without exception the so-called black middle class are AA cyphers hired to fend off the attentions of Rev'und Al Shakedown or else they're Gub'ment employees.