Monday, April 06, 2009

Income inequality

A study in contrasts. "Cities and counties are reporting a sharp increase in homeless families as the economic crisis leads to job loss and makes housing unaffordable." The numbers are grim, the most startling being the 139 children younger than 18 living on the street on their own in the Phoenix area. A rise of 40% in the number of people living in their cars in the Seattle suburbs.

Via Buzzflash, the annual pay of 200 chief executives at 198 public companies that filed their annual proxies by March 27 and had revenue of at least $6.3 billion. I guess we better give these guys another tax break. The last one apparently didn't trickle down quite far enough.

[More posts daily at The Detroit News]

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2 Comments:

Blogger (O)CT(O)PUS said...

Libby, a short but succinct confirmation here. Even more economic data under the fold in the comments sections.

2:53:00 PM  
Blogger Libby Spencer said...

Nice chart and the parallels are striking.

12:13:00 AM  

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