THE Database [View all]

[hfojvt]

of income inequality, for those few who might be interested

http://topincomes.g-mond.parisschoolofeconomics.eu/#Database:

As a public service, your humble janitor has compiled and tabled some numbers, for some groups, every five years (both to eliminate the ups and downs of single years AND to avoid a mind-numbing endless row of numbers.

Cleans things up a bit. That's the janitor way.


Share of income going to various groups.

year *** 90-95th *** top 4% *** top 1% *** top 5% *** top 10%
___________________________________________________

1960 *** 10.9 *** 12.54 *** 10.03 *** 22.57 *** 33.47
1965 *** 10.9 *** 12.98 *** 10.89 *** 23.87 *** 34.77
1970 *** 10.96 *** 12.64 *** 9.03 *** 21.67 *** 32.63
1975 *** 11.45 *** 13.11 *** 8.87 *** 21.98 *** 33.43
1980 *** 11.47 *** 13.15 *** 10.02 *** 23.17 *** 34.64
1985 *** 11.44 *** 13.45 *** 12.67 *** 26.12 *** 37.56
1990 *** 11.57 *** 14.08 *** 14.33 *** 28.41 *** 39.98
1995 *** 11.89 *** 14.99 *** 15.23 *** 30.22 *** 42.11
2000 *** 11.00 *** 15.08 *** 21.52 *** 36.6 *** 47.6
2005 *** 11.18 *** 15.24 *** 21.92 *** 37.16 *** 48.34
2010 *** 12.19 *** 15.99 *** 19.86 *** 35.85 *** 48.04
_________________________________________
gain *** 1.29 *** 3.45 *** 9.83 *** 13.28 *** 14.57

Source of the numbers appears to be the research of Pikkety and Saez.

Just think though, once the economy really gets going, we will probably soon reach the point where the top 10% gets over 50% of the income.

I can hardly wait.

Just note how relatively flat those percentages were in the good old days - before Ronald Reagan.

edit - dang it all elad, the formatting trick that Make7 told me on DU2 isn't working. I have to use my old asterisk technique, and do it with an invisible cursor. Grabs microphone. "clean up on aisle 7, clean up on aisle 7"