{"id":14633,"date":"2009-10-27T10:04:24","date_gmt":"2009-10-27T15:04:24","guid":{"rendered":"http:\/\/thesocietypages.org\/socimages\/?p=14633"},"modified":"2012-10-14T01:47:24","modified_gmt":"2012-10-14T06:47:24","slug":"comprehending-income-inequality","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2009\/10\/27\/comprehending-income-inequality\/","title":{"rendered":"Comprehending Income Inequality"},"content":{"rendered":"

Business Management<\/a><\/em> offers this great visual for understanding income in equality in the U.S.\u00a0 Each light blue figure in this visual represents 50 years of work at minimum wage (making $15,080 a year); the medium blue figures represent 50 years of work at the average wage (making $40,690 a year); the dark blue figures represent 50 years as the President of the United States (making $400,000 a year).<\/p>\n

\"090915-BMUS-PayRise2\"<\/p>\n

Let’s take the most dramatic example, just for fun: Hewlett-Packard.<\/p>\n

\"Capture\"<\/p>\n

A minimum wage worker would have to work for 2,256 years to make what what the CEO of Hewlett-Packard makes in a year.<\/p>\n

The average worker would have to work 836 years to match his yearly salary.<\/p>\n

And Barack Obama would have to President for 85 years before he made what the CEO of Hewlett-Packard makes in one year.<\/p>\n

See other posts on income inequality here<\/a>, here<\/a>, here<\/a>, here<\/a>, and here<\/a>.<\/p>\n

Via Chartporn<\/a>.<\/p>\n

\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014<\/p>\n

Lisa Wade is a\u00a0professor of sociology at Occidental College<\/a>. You can follow her on\u00a0Twitter<\/a>\u00a0and\u00a0Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Business Management offers this great visual for understanding income in equality in the U.S.\u00a0 Each light blue figure in this visual represents 50 years of work at minimum wage (making $15,080 a year); the medium blue figures represent 50 years of work at the average wage (making $40,690 a year); the dark blue figures represent […]<\/p>\n","protected":false},"author":51,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[29,36,98,76],"class_list":["post-14633","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-class","tag-economics","tag-capitalism","tag-work"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/14633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/comments?post=14633"}],"version-history":[{"count":8,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/14633\/revisions"}],"predecessor-version":[{"id":51734,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/14633\/revisions\/51734"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media?parent=14633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/categories?post=14633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/tags?post=14633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}