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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe distance from Bridgeport, Connecticut to Bangkok, Thailand is 8,639 miles
http://www.salon.com/2013/01/17/income_inequality_in_the_u_s_rivals_that_of_developing_nations/But then, it depends what one means by the word distance.As we discovered in the first installment of this GlobalPost Special Report, by some measures there is not much distance at all.
Take the Gini Index, the scale that economists use to measure income equality, with zero equaling perfect equality and 1 representing absolute inequality in which one person owns everything. Thailand, where Bangkok is the bustling capital city of one of Southeast Asias fast growing Tiger economies, comes in at .536. The Bridgeport area Fairfield County is slightly worse at .539. The two places fall very close in their ranking on the Gini Index as highly unequal.
Put more simply, these are cities where you can move, often within minutes, between the wrenching poverty of the dispossessed and the opulence of the super-rich. The physical distance between rich and poor in these places is small. But for the people who live in Bangkok and Bridgeport, traveling from the lower economic rungs to the higher ones is extremely difficult.
Take the Gini Index, the scale that economists use to measure income equality, with zero equaling perfect equality and 1 representing absolute inequality in which one person owns everything. Thailand, where Bangkok is the bustling capital city of one of Southeast Asias fast growing Tiger economies, comes in at .536. The Bridgeport area Fairfield County is slightly worse at .539. The two places fall very close in their ranking on the Gini Index as highly unequal.
Put more simply, these are cities where you can move, often within minutes, between the wrenching poverty of the dispossessed and the opulence of the super-rich. The physical distance between rich and poor in these places is small. But for the people who live in Bangkok and Bridgeport, traveling from the lower economic rungs to the higher ones is extremely difficult.
In both of these places, the top 5 percent of the population controls over 60 percent of income. That translates, in Bridgeports case, to a median income for that top 5 percent of over $685,000 a year, while the bottom 20 percent, clustered primarily in dismal slums like Bridgeports East End, take home about $15,000, US Census bureau figures show.
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The distance from Bridgeport, Connecticut to Bangkok, Thailand is 8,639 miles (Original Post)
Fumesucker
Jan 2013
OP
NYC_SKP
(68,644 posts)1. Reagan Clinton Bush.
That's how many names have been in the whitehouse over the period of time that it took for us to become a third world country.
To go from being a world leader and secure in our resources, to becoming a debtor nation authoritarian corporatocracy.
Deal.
JDPriestly
(57,936 posts)3. Interesting.
Find your city on the gini scale:
http://diversitydata-archive.org/Data/Rankings/Show.aspx?ind=49
Or how about your state:
http://en.wikipedia.org/wiki/List_of_U.S._states_by_Gini_coefficient