Tag Archive: Income Gap


Study: Income Inequality Greater, Growing Faster In Blue States

 

 

 

” President Obama has said that reducing the growing gap between high and low income earners is one of his top domestic priorities. But a new study finds that residents of states that voted for Obama in 2012 “are experiencing more income inequality than people in other states.”

“ Income inequality is worse in blue states, and has also grown more quickly in those areas over the past 10 years,” according to the study, entitled “Blue states have the income-inequality blues,” by Richard Barrington, senior financial analyst at MoneyRates.com.

  CNSNews.com previously reported that a Brookings Institute study found that the highest levels of income inequality in the nation were in large cities that overwhelmingly voted for President Obama’s reelection in 2012.”

 

The top ten states in income inequality :

 

” For now, here is a list of the states (plus Washington, D.C.) with the greatest income inequality:

State or District High income/low income
1. Washington, D.C.

2.60

2. California

2.55

3. New York

2.50

4. New Jersey

2.45

5. Michigan

2.43

6. Illinois

2.41

7. Texas

2.40

8. Louisiana

2.38

9. Maryland

2.38

10. Virginia

2.38

 

 

 

CNS News has more

 

 

 

 

 

 

 

 

Can You Guess Which President Has Worst Record On ‘Income Inequality’?

 

 

 

 

 

 

” If Obama thinks he can pivot away from the failures of Obamacare towards the cause of relieving “income inequality,” he’s going to find even greater failures there already on the part of his administration.

  As the video above from Fox News shows, the vast majority of gains in wealth have gone to the top earners, making income inequality increase drastically under Obama. In fact, of the last three presidents, the income gap didn’t change overall during the Bush years, increased second most during Clinton’s time, and has increased the most with only 5 years under Obama’s belt.”

 

 

income-gap-obama

Read the whole thing from Soopermexican at IJR