Friday, April 5, 2013

Is income inequality noticable in the United States? Why or why not?

Income inequality is noticable especially in median households. According to census data, median United States household's income in 2009 totaled to $49,777. Half of the United States' households had income greater than this, and the other half had less. Income inequality is noticeable because of the recession  that occured from 2007-2009.

Not only because of the recession, but I also think that income inequality is noticable in everyday life for everyone. If you look around the United States, you'd easily notice the inequality. Not everyone can afford the same things. Some people can't even afford everyday necessities.

Below is a chart of the median household income.


Real Median Household Income 1967-2009

No comments:

Post a Comment