Monday, November 8, 2010

Concerning Statements by Rand Paul Suggesting Jobless Should Stop Asking for Handouts, June 21, 2010

Readers may wish to consult the following chart. Although real GDP is not superimposed, imagine an upward line reflecting an enormous economic boom and increase in incomes from about 1950 through the oil embargo.

http://liv­e.thenatio­n.com/spec­ial/images­/extreme_i­nequalityc­hart.jpg

Readers might also want to look at US income inequality by Gini coefficient (notice we are nested between Uruguay and Cameroon!)

https://ww­w.cia.gov/­library/pu­blications­/the-world­-factbook/­rankorder/­2172rank.h­tml

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