Statistics to open your eyes: income inequality US vs Europe

A simple graph in the latest Economist compares income inequality in the US and Europe and caught my eye as it tells a compelling story about the ‘haves’ and the ‘have nots’.  From similar positions in 1980, the graphs diverge dramatically.

Income share of the bottom 50% and the top 1% in US and Europe

Political priorities clearly differ across the pond.  There are structural inequalities everywhere and of many types (as the important protests around the world for Black Lives Matter remind us), but in the US they have clearly gotten worse.  The source is the World Inequality Database, which is fascinating to poke around.

One Response to Statistics to open your eyes: income inequality US vs Europe

  1. milliontrees says:

    Thank you. That is a shocking graph, but not at all surprising to this US citizen and reader of the Economist. Much of what is happening here is connected in one way or another to that graph.

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