Econintersect: Among the unsustainable economic trends none likely has more near-term danger in closing to an end game than the growth of both wealth and income inequality in the U.S.. One of the reasons the question has such risk associated with it is that the perception of inequality falls far short of the reality that actually exists. When the reality becomes widely known the reaction may be far more disruptive because of the suddenness of the full disclosure to the general population.
[Video info graphic explaining the problem is available after the Read more >> jump.]
The following video info graphic presentation thoroughly describes what people:
- think is an “equitable” or ideal distribution of income and wealth;
- believe the current distributions to be; and
- what the distributions actually are.
See related article from GEI News.
Hat tips to Russell Huntley and Leith van Onselen, Macro Business.