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Category Archives: Poverty

World Inequality Report 2018

“The World Inequality Report 2018 relies on a cutting-edge methodology to measure income and wealth inequality in a systematic and transparent manner. By developing this report, the World Inequality Lab seeks to fill a democratic gap and to equip various actors of society with the necessary facts to engage in informed public debates on inequality.  We show that income inequality has increased in nearly all world regions in recent decades, but at different speeds. The fact that inequality levels are so different among countries, even when countries share similar levels of development, highlights the important roles that national policies and institutions play in shaping inequality. How has inequality evolved in recent decades among global citizens? We provide the first estimates of how the growth in global income since 1980 has been distributed across the totality of the world population. The global top 1% earners has captured twice as much of that growth as the 50% poorest individuals. The bottom 50% has nevertheless enjoyed important growth rates. The global middle class (which contains all of the poorest 90% income groups in the EU and the United States) has been squeezed…”

Visualizing Unequal Distribution of Gun Violence in the US

The Guardian: “The map of America’s gun violence epidemic can seem overwhelming. There were more than 13,000 gun homicides in the US in 2015, across nearly 3,500 cities and towns. But the toll of this gun violence was not distributed equally. Half of America’s gun homicides in 2015 were clustered in just 127 cities and… Continue Reading

Massive new data set suggests economic inequality is about to get even worse

Washington Post – “…inquiries into how fast wealth grows relative to the economy have been hampered by a lack of good, complete, comparable long-term data on the rates of return for various assets: stocks, bonds, real estate and the like. You’d want this to know what you’d expect a “natural” rate of return to be in… Continue Reading

UN Special Rapporteur report on extreme poverty and human rights in US

– Statement on Visit to the USA, by Professor Philip Alston, United Nations Special Rapporteur on extreme poverty and human rights, December 15, 2017. “I have spent the past two weeks visiting the United States, at the invitation of the federal government, to look at whether the persistence of extreme poverty in America undermines the… Continue Reading

The Human Cost of the Ghost Economy

The Human Cost of the Ghost Economy Melissa Chadburn | Longreads | December 2017 | “Last year I worked undercover at a temp agency in Los Angeles. While I took the assignment for an article I was working on, I’d also been unemployed for over a year. It seemed I was in that middling space of… Continue Reading

World is drowning in unprecedented rise in garbage

Washington Post – “The world now produces more than a billion tons of garbage a year, which it incinerates and buries and exports and recycles. In New York, barges transport as much as 3,600 tons of waste down the Hudson River every day. In the Netherlands, which has a sophisticated recycling system, residents throw away… Continue Reading

Wealthy countries throw out up to 40% of food

The New York Times: “Globally, we throw out about 1.3 billion tons of food a year, or a third of all the food that we grow. That’s important for at least two reasons. The less the world wastes, the easier it will be to meet the food needs of the global population in coming years.… Continue Reading

HUD survey tracks rise in homeless people across America

AP: “The nation’s homeless population increased this year for the first time since 2010, driven by a surge in the number of people living on the streets in Los Angeles and other West Coast cities. The U.S. Department of Housing and Urban Development released its annual Point in Time count Wednesday, a report that showed… Continue Reading

House or Senate Tax Bills Would Still Add to Debt

JCX-58-17 (November 16, 2017) – Distribution Effects Of The Chairman’s Modification To The Chairman’s Mark Of The “Tax Cuts And Jobs Act,” Scheduled For Markup By The Committee On Finance On November 16, 2017. Committee for a Responsible Federal Budget Budget – Dynamic Scoring Confirms: House or Senate Tax Bills Would Still Add to Debt:… Continue Reading

Federal Reserve – Survey of Consumer Finances – Recent Trends in Wealth-Holding by Race and Ethnicity

“The 2016 Survey of Consumer Finances (SCF) is the most recent survey conducted. Below are links to the bulletin article, historical bulletin tables, full public dataset, extract dataset, replicate weight files, and documentation. Changes in U.S. Family Finances from 2013 to 2016: Evidence from the Survey of Consumer Finances (PDF) Recent Trends in  : Evidence… Continue Reading

GOP 9 page tax plan framework and corporate impact

Axios – “Here’s a [copy of the] summary of the plan that’s being released today, obtained by Axios from outside sources. More details to come.” Axios – What you need to know about the GOP tax plan – “While it includes some key policies — like the elimination of the deduction for state and local… Continue Reading

USDA – Household Food Security in the United States in 2016

Household Food Security in the United States in 2016 – “An estimated 87.7 percent of American households were food secure throughout the entire year in 2016, meaning they had access at all times to enough food for an active, healthy life for all household members. The remaining households (12.3 percent) were food insecure at least… Continue Reading