The L-Curve | The red line represents a graph of family income across the population. The height of the curve at any point is the height of a stack of $100 bills equalling that income. Unless you have a very old browser you will be able to zoom. Be sure to zoom both in and out.The US population is represented along the length of the football field, arranged in order of income.
Median US family income (the family at the 50 yard line) is ~$40,000 (a stack of $100 bills 1.6 inches high.)
--The family on the 95 yard line earns about $100,000 per year, a stack of $100 bills about 4 inches high.
--At the 99 yard line the income is about $300,000, a stack of $100 bills about a foot high.
--The curve reaches $1 million (a 40 inch high stack of $100 bills) one foot from the goal line.
--From there it keeps going up...it goes up 50 km (~30 miles) on this scale!
What are the implications of this picture?
I am not an economist, but then again, most likely you aren't either. On the other hand, the economy affects you and me, so we need to come to grips with these issues to participate intelligently in the political process. There needs to be a genuine national dialog on these issues at all levels. The L-Curve graph represents income, not wealth. The distribution of wealth is even more skewed.
3 comments:
True enough in spirit, total BS this illustration. Their so-called 50 km max stack is attibuted by them to Bill Gates' $50B net worth, not income. IMO mischaractized subreal label: should have been clownfoolery or whatever.
that'd be assclownery....,
that's the one...
Post a Comment