Posted 1 year ago on Dec. 5, 2012, 11:23 p.m. EST by jrhirsch
from Sun City, CA
This content is user submitted and not an official statement
The light blue block on the right side represents the share of income for the lower 90% of the population, or about 51.8% of all income. The other blocks on the left represent the various incomes of the other 10% of the population, or about 48.2% of all income. The top 1% are represented by the red, purple, orange, and yellow blocks who have a 20.9% share of all income.
The graph full size:
Where's the middle class? Reality shows that we really have a large lower class, a small middle class, and a tiny upper class. The classic bell curve with most of the people's income somewhere in the middle is a fallacy.