Although this is a a brilliant parody from the Onion, the premise is true. If you take look at this graph of the top 5% (comparing the top 1% to the next 4%) and this graph of Top 1% (comparing the top 0.1%, the next 0.4%, to the lower 0.5%), you can see how the richer you are the more your share of the total income in the US has increased since the 1970s.
Technorati Tags: income distribution, US income distribution, US income inequality, income inequality, onion, superrich
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The L-curve
The L-curve has an alternative approach to visualizing income distribution using a football field. However, I was inspired by the the video. In it he mentions the importance of investment income for high income earners. While labor income is the way most people make their money. So for my next set of graphs I will be exploring what components make up the income of the highest income brackets.
Technorati Tags: income distribution, US income distribution, US income inequality, income inequality
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