Thank you for attempting to make sense of the data in your second chart. It didn’t make sense to me.
Your first chart is very important. People of good will see very different things going on. Are we all getting different information? There has been significant explanation from Doge Thursday and Friday. Also Saturday night Susie Wiles was interviewed. Does anyone who doesn’t watch Fox know anything about it?
I didn’t really understand the third chart. Is debt held by the public just government debt?
Your 5th chart is a big danger. China is undercutting everyone on ship building and refurbishing. The Jones act requires Us ships and crews go between US ports. We don’t build them anymore so they are older than non US ships. We refurbish them by sending them to China. I’ll bet they use that to spy on us. I wonder if they put explosives in them as part of their offensive plans.
Basic point is that income / wealth / spending inequality implies an imbalance at the heart of populism. If the wealthiest 10% own 80% of all stocks & mutual funds, maybe the system is “rigged” in their favor.
Below the pie charts I decided to include the same (top 10% / other 90%) data for the same categories from 1990, to show how these imbalances had grown over time.
But my labeling was very unclear. And they’re separate but related points (current inequality / growing inequality).
Next time Column A would show the percentages in 1990, middle Column B would be the categories (income/wealth/etc) and Column C would show the 2024 data.
Thank you for attempting to make sense of the data in your second chart. It didn’t make sense to me.
Your first chart is very important. People of good will see very different things going on. Are we all getting different information? There has been significant explanation from Doge Thursday and Friday. Also Saturday night Susie Wiles was interviewed. Does anyone who doesn’t watch Fox know anything about it?
I didn’t really understand the third chart. Is debt held by the public just government debt?
Your 5th chart is a big danger. China is undercutting everyone on ship building and refurbishing. The Jones act requires Us ships and crews go between US ports. We don’t build them anymore so they are older than non US ships. We refurbish them by sending them to China. I’ll bet they use that to spy on us. I wonder if they put explosives in them as part of their offensive plans.
I fear my second chart confused people.
Basic point is that income / wealth / spending inequality implies an imbalance at the heart of populism. If the wealthiest 10% own 80% of all stocks & mutual funds, maybe the system is “rigged” in their favor.
Below the pie charts I decided to include the same (top 10% / other 90%) data for the same categories from 1990, to show how these imbalances had grown over time.
But my labeling was very unclear. And they’re separate but related points (current inequality / growing inequality).
Next time Column A would show the percentages in 1990, middle Column B would be the categories (income/wealth/etc) and Column C would show the 2024 data.
How do these charts look if you David the top 10% into the top 0.01% v. the rest of the top 10%.
Hypothesis: Concentration within the top 10% has grown tremendously in recent decades.
Depressing.