Saturday, April 12, 2008

We have the worst income inequality in the nation

A new study from the Economic Policy Institute has a state-by-state analysis of income trends. According to them, New York has the worst income inequality of all 50 states. The top 5% of income-generating families make 15.4 times the income of the bottom 20 percent of families. I'm sure that we're probably in good company, as in many states aren't that far off from us, but still, not a distinction to be proud of. Here is the link:

Main page, with links to all 50 states and their measure of inequality among the richest and poorest families: http://www.epi.org/content.cfm/studies_pulling_apart_2008

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