I don't deal with political topics here. But there were some thoughts I had on this fad going around on income inequality. If you take a look at this report by the economist the claim is that while the income disparity between 99% of the people in the US hasn't changed much that between the 99% and the 1% has changed a lot. I can see in my mind's eye some person or persons with a definite political agenda sitting at their software and moving a slider control. They first split the population 50/50 and grunt with dissatisfaction. They move it to 25/75. Still not so good. Then they get all excited and move it all the way to 1/99. Yay! Look at THAT income disparity. I have a few concerns about this graph. Perhaps someone can enlighten me? If I took the top 1% of a distribution MOST measures I would make using that 1% would be biased in some extreme way. There is no way I could stop that, because I took an extreme part of the population to start with. I'm taking a f...
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