The United States Of Inequality

By Diane Sweet The unprecedented level of economic inequality in America is undeniable.

Inequality matters. The distance between the first and the least in America is vast and growing. The Washington Post recently took a look at two counties in Florida and found that people who live in the more affluent St. Johns County live longer than those who live next door in less rich Putnam County. We talked to Associated Press reporter Martha Mendoza, who brought this story to our attention. Homelessness has increased dramatically.

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In the shadow of Google, in the shadow of Oracle, in the shadow of Apple Computer, you have people who are hungry. We have really been a tale of two cities for really a long time.

We have very high-income, highest in the nation. We also have very low. Now, this is a national phenomenon, but it seems to be particularly acute in Silicon Valley. I worked in masking. I made that silicon chip.

So that jacked up the housing prices to what fights for the most expensive housing in the country. That would be the minimum wage in San Jose for the past 15 years. And so you end up—in some cases you find people living three or four families to an apartment, or people move into homeless shelters or people leave the area.

This is where I live. I have electricity that I run by car battery. I worked at a restaurant at Google.

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The mother lost her job in manufacturing. It took one paycheck to move them from their apartment onto the street. At some point and I do worry about this, like I think is it all sudden that the country splits in half are we creating literally two Americas? And paradoxically, this week it got worse.

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The stock market reached new levels, making the rich richer and the press euphoric. Sure enough, the latest figures show employment has barely risen and more rank-and-file Americans have gone missing from the job market altogether. The Commerce Department reports that personal income source 3. It sure seems like the Roaring 20s all over again -- people at the top living it up while those down below lose their livelihood.]

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The United States Of Inequality	5 hours ago · Income inequality in the United States is the extent to which income is distributed in differing amounts among the American population. It has fluctuated considerably since measurements began around , moving in an arc between peaks in the s and s, with a year period of relatively lower inequality between and 2 days ago · Inequality_Scaling. Replication code for Scaling of Urban Inequality in the United States. 3 days ago · The unprecedented level of economic inequality in America is undeniable. In an extended essay, Bill Moyers shares examples of the striking extremes of wealth and poverty across the country, including a video report on California’s Silicon Valley. There, Facebook, Google, and Apple are minting millionaires, while the area’s homeless -- who’ve grown 20 percent in the last two years -- are.

The United States Of Inequality.