1. Distribution of Income
Who has all the Money?

2. Income Distribution Free markets focus on EFFICIENCY not EQUALITY
United States has enormous wealth
very rich and the very poor
Per Capita Income: $34,000

3. Median Income Per Household: $43,000 Male (full time) $40,500
Female (full time) $31,000
76% of male pay

4. Median Income by Race
White $42,000
Black $29,000
Hispanic $33,000

5. Median & Average Income
Imperfect measures of financial picture
Average Income
Median Income

6. Lorenz Curve
Line of Income equality
Gini Coefficient

7. Gini Index Summary An index of 0 (zero) means perfect EQUALITY
As the Gini Index moves from 0  1 inequality increases

8. Distribution of Income Widens
2003 Current Gini Index: .46

9. U.S. Gini Index in Comparison
U.S.A
Japan .26
Germany .32
France .33
Bolivia .58
Brazil .59

10. Household Income Bottom 20% 3.5% $18,000 or less
Second 20% 9.0% $33,000
Third 20% 15.0% $52,000
Fourth 20% 23.0% $82,000
Top 20% 50.0% over $83,000
Top 5% Earn 22% of ALL income! ($145,000)
Top 1% Earn 15% of ALL income! ($300,000)

11. The RICH get RICHER?
The 1990’s

12. Summary Capitalism produces enormous wealth!
Gains are not evenly distributed
Gini Index provides a better measure distribution of income

13. U.S. GDP in Comparison
U.S Trillion
World: Trillion