On 12/17/2012 1:33 PM, meekerdb wrote:
My complaint is that conservatives just lie, and assume we're all as
gullible as Rush Limbaugh's audience.
When g=1 all the wealth is owned by one person.
When g=0 every person has the same wealth.
Which is why it is a problem that it keeps increasing in the U.S. But
the gini is usually calculated for income, not wealth, because wealth
is much harder to assess. The after-tax gini on income in the U.S.
(not wealth) has gone from 0.316 in the 70's to 0.378 in 2000. For
comparison Belgium's gini is 0.259. Check this to see which country
you'd rather live in:
In a mass grave, the gini is exactly 0. You are missing the point
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