Re: An insane sentence

On Wed, 15 Oct 2008 11:16:15 -0500, F. George McDuffee
<gmcduffee@xxxxxxxxxxxxxxxxxxxxxx> wrote:

<snip>
It's also worth having a
look at income distribution in 1950 compared to today.
<snip>
The metric for this is called the GINI index, and when you
compare the US GINI over time and against other countries it will
make your hair stand on end.
to see a graph click on
http://mcduffee-associates.us/PE/gini1.pdf
========
A follow up to my follow up...

--------------
Group's Study Finds Income Gap Widening
ASSOCIATED PRESS
Economic inequality is growing in the world's richest countries,
according to a 30-nation report released Tuesday.

The gap between rich and poor has widened over the past 20 years
in nearly all the countries studied, even as trade and
technological advances have spurred rapid growth.

The Paris-based Organization for Economic Cooperation and
Development said its 20-year study found inequality had increased
in 27 of its 30 members as top earners' incomes soared while
others' stagnated.

==>The U.S. has the highest inequality and poverty rates in the
OECD after Mexico and Turkey<== {Mexico and Turkey!!!!}, and the
gap has increased rapidly since 2000, the report said. France saw
inequalities fall as poorer workers are better paid.

Wealthy households are not only widening the gap with the poor,
but in countries such as the U.S., Canada and Germany they are
leaving middle-income earners farther behind.

The two decades covered in the study, 1985-2005, saw a period of
overall strong economic growth.
<snip>
----------------
for complete article click on
http://online.wsj.com/article/SB122464532734457657.html
http://hosted.ap.org/dynamic/stories/E/EU_OECD_INCOME_INEQUALITY?SITE=DCUSN&SECTION=HOME&TEMPLATE=DEFAULT&referer=sphere_related_content&referer=sphere_related_content

Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).
.

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