Hi Hal Ruhl
So whbat ? Those gini coefficnets are in percentages,so USA has a gini about 27 %, which is outstanding.If you don't that, see from the wikimediamap (below) that the USA gini coeff.Sorry, you have to go to that page to find what the colors mean.The pink color indicates that USA is smack dab in the middleof the gini coefficients.
[Roger Clough], [rcl...@verizon.net]
12/19/2012
"Forever is a long time, especially near the end." -Woody Allen
----- Receiving the following content -----
From: Hal Ruhl
Receiver: Everything List
Time: 2012-12-18, 16:15:31
Subject: Re: On Income Fairness in the USA and the world
Hi Roger:
Try this and sort by wealth Gini
http://en.wikipedia.org/wiki/List_of_countries_by_distribution_of_wealth
Hal
--
You received this message because you are subscribed to the Google Groups "Everything List" group.
To post to this group, send email to everyth...@googlegroups.com.
To unsubscribe from this group, send email to everything-list+unsubscribe@googlegroups.com.
----- Receiving the following content -----
From: Craig WeinbergReceiver: everything-listTime: 2012-12-19, 10:48:02Subject: Re: Re: On Income Fairness in the USA and the world
To view this discussion on the web visit https://groups.google.com/d/msg/everything-list/-/D4b3SJi4i1kJ.
To unsubscribe from this group, send email to everything-li...@googlegroups.com.
Hi Hal Ruhl
So whbat ? Those gini coefficnets are in percentages,so USA has a gini about 27 %, which is outstanding.
No virus found in this message.
Checked by AVG - www.avg.com
Version: 2013.0.2805 / Virus Database: 2637/5969 - Release Date: 12/18/12
Hi Craig Weinberg" The Kuznet's theory goes like this: when a country begins developing economically,its income inequality worsens. But after a few decades when the rich begin investingmore in the economy and wealth begins to "trickle down," income equalizes and people aremore wealthy then they would have otherwise been. The multilateral financial institutionswhich have adhered to this theory, namely the IMF, enforce structural adjustmentprogams (SAP's) on heavily indebted third world countries which drastically worsensocioeconomic inequalities.So I think the gini coefficient is largely a historical number,where presumably avg pp income increases with time.So you have to look at avg income as well.The Kuznet inverted U curve below shows that g is low forrural or under- developed situations such as Iranand Greenland, where the avg income is low.It reaches a peak when under industrializatyion, andfinally, in serice economies. wher income is the highest,it automatically decreases again.
-- Onward! Stephen
Also: http://www.sjsu.edu/faculty/watkins/subprime.htm
-"Causing" and "allowing to occur" are not the same thing... Exactly how was it that banks where capable of making a profit from the loans that they could easily predict would have a very high default rate? How did the securitization process occur that least to the bundling?
-- Onward! Stephen
I invite you to dive deep into this and see the facts for yourself. Don't take any one's summary as a fact, see the full picture for your self.
On 12/19/2012 10:36 PM, Craig Weinberg wrote:
> Did you notice this chart on that link?
>
> http://www.unc.edu/~nielsen/special/s2/hs12003a.gif
>
> There is no shade of black that is white, sir. I know you mean well,
> but I have lived in the US for 44 years and I can tell you that it has
> gotten worse every decade - in California, in Colorado, and in North
> Carolina. People who were middle class are now economically abandoned
> while worthless monopolies capitalize on enormous economies of scale
> to own more and more and more. Can't you see that? Can't you tell?
OK, stop complaining! Start doing something about it! Eat the Rich!
I just wonder what your gonna do when they are all gone...
--
Onward!
Stephen
----- Receiving the following content -----From: Craig WeinbergReceiver: everything-list
Time: 2012-12-19, 22:36:50Subject: Re: Why economic inequality and environmental degradation are likelyto improve
To view this discussion on the web visit https://groups.google.com/d/msg/everything-list/-/xZrEIi-BICkJ.
----- Receiving the following content -----
From: meekerdbReceiver: everything-listTime: 2012-12-19, 14:01:24
I just wonder what your gonna do when they are all gone...
Live in peace? Grow food? That's the thing, we'll never know what we might actually want to do as long as we have a society telling us what we have to do.
-- Onward! Stephen
-- Onward! Stephen
Hi Stephen P. King
A liberal is a person who fears that somehow, somewhere,
somebody has secretly figured out a way to do something on their own.
A liberal is a person who believes that you need a blueprint
to tie your shoes.