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Kasz216 on 14 September 2009
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ManusJustus said:
Kasz216 said:

Our Gini Coeefcient dropped to about 40.8.

Except for the fact that we've changed how we record our Gini coeefficent.  Infact, it inflates our numbers by 2 points compared to previous numbers.

Giving us a Gini coefficent of 38.8.  Lowest Gini Coeefficent ever recorded in the US?  38.6.


The GINI Coefficient was 36 in 1969. 

Source: United States Census Bereau http://www.census.gov/hhes/www/income/histinc/state/state4.html

Not only are you wrong, but you are arguing over a factor that fluctuates around 40, and claim that something big has happened because we actually dropped instead having a continued increase in inequality.  In reality, the recession caused the short decline in the GINI Coefficient, but everything will go back to normal as the recession ends.  So, whatever point you have is meaningless, unless you argue that we should be in a recession all the time.

And I dont expect you to admit you are wrong.  In fact, I think the aluminum foil hat on your head looks good on you.

I'm sorry have you or have you not been argueing that infact "The recession didn't hit the rich harder" and that "The difference in Gini Coeefficent isn't due to the fact that the new money created is created by those with good edcucations."

 

You don't even know what your argueing anymore because you've been proved wrong too many times.

 

The Gini coeeficient is lower then it's been in years.... and one of the lowest values it's ever been.  It's not fluctiating around 40.  Since in the 90's... as I stated reporting methods changed.  It's at 38.8.

 Lowest it's been since waaaay back when you say things were at it's most equal.   Also that number was for families.  Not Households.

So no.  It wasn't at 36... it was 38.6... in 1969 it was aprox 39.  Higher then this year!  Note how Households is higher then Families.