Income Inequality In America Case Study
KEY POINTS FROM DR. ROBERT REICH’S FILM, INEQUALITY FOR ALL
THE STATS+
Wealth Distribution
• Today, the U.S., by far, has the most unequal distribution of income of all developed nations.
• The U.S. ranks 64th in the world on income inequality (i.e., 63 nations are more equal than the U.S.)
• The top 1% holds more than 35% of the nation’s overall wealth, while the bottom 50% controls 2.5%.
• The richest 400 Americans have more wealth than the bottom 150 million Americans combined.
• In 1970, the top 1% of earners took home 9% of the nation’s total income. Today, they take in approximately 23%.
Earning Power
• In 1978, the typical male worker earned $48,302; while in 2010, that worker earned a typical $33,751. In the same years, the top 1% …show more content…
• 2010: $26,578 disposable income; housing cost $21,684; healthcare expenses $7,082; childcare $3005; college $1,833
• In the U.S., 42% of children who are born into poverty will not get out. In Denmark, the figure is 25%. In Great
Britain, 30%.
• In the 1970s, the average CEO earned just under 50 times more than their average employee. By the 2000s, average CEO pay was 350 times more than their average …show more content…
Economic Policy Institute www.epi.org - a non-profit, non-partisan think tank focused on giving voice to the needs of low- and middle-income workers in discussions about economic policy. See, especially their interactive www.inequality.is site, which personalizes explanations of the income gap.
Generation Progress (formerly Campus Progress) http://genprogress.org/ - organizes young people on and off college campuses to promote progressive solutions to key political and social challenges.
KEY POINTS FROM DR. ROBERT REICH’S FILM, INEQUALITY FOR ALL
National Employment Law Project / Raise the Minimum Wage Campaign www.nelp.org – NELP uses a grassroots organizing model and combines it with research to develop and implement policies aimed at restoring the promise of economic opportunity for all in the 21st century global economy.
Roosevelt Institute www.rooseveltinstitute.org – this nonprofit works to ensure that the values championed by Franklin and Eleanor
Roosevelt infuse current public policy.
SEIU
www.seiu.org – the Service Employees International Union.
United for a Fair Economy www.faireconomy.org – With annual reports, special projects, and issue briefs, UFE raises awareness about the
THE STATS+
Wealth Distribution
• Today, the U.S., by far, has the most unequal distribution of income of all developed nations.
• The U.S. ranks 64th in the world on income inequality (i.e., 63 nations are more equal than the U.S.)
• The top 1% holds more than 35% of the nation’s overall wealth, while the bottom 50% controls 2.5%.
• The richest 400 Americans have more wealth than the bottom 150 million Americans combined.
• In 1970, the top 1% of earners took home 9% of the nation’s total income. Today, they take in approximately 23%.
Earning Power
• In 1978, the typical male worker earned $48,302; while in 2010, that worker earned a typical $33,751. In the same years, the top 1% …show more content…
• 2010: $26,578 disposable income; housing cost $21,684; healthcare expenses $7,082; childcare $3005; college $1,833
• In the U.S., 42% of children who are born into poverty will not get out. In Denmark, the figure is 25%. In Great
Britain, 30%.
• In the 1970s, the average CEO earned just under 50 times more than their average employee. By the 2000s, average CEO pay was 350 times more than their average …show more content…
Economic Policy Institute www.epi.org - a non-profit, non-partisan think tank focused on giving voice to the needs of low- and middle-income workers in discussions about economic policy. See, especially their interactive www.inequality.is site, which personalizes explanations of the income gap.
Generation Progress (formerly Campus Progress) http://genprogress.org/ - organizes young people on and off college campuses to promote progressive solutions to key political and social challenges.
KEY POINTS FROM DR. ROBERT REICH’S FILM, INEQUALITY FOR ALL
National Employment Law Project / Raise the Minimum Wage Campaign www.nelp.org – NELP uses a grassroots organizing model and combines it with research to develop and implement policies aimed at restoring the promise of economic opportunity for all in the 21st century global economy.
Roosevelt Institute www.rooseveltinstitute.org – this nonprofit works to ensure that the values championed by Franklin and Eleanor
Roosevelt infuse current public policy.
SEIU
www.seiu.org – the Service Employees International Union.
United for a Fair Economy www.faireconomy.org – With annual reports, special projects, and issue briefs, UFE raises awareness about the