Top Income Inequality Quotes
Browse top 8 famous quotes and sayings about Income Inequality by most favorite authors.
Favorite Income Inequality Quotes
1. "Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality."
Author: Eric Alterman
Author: Eric Alterman
2. "In no country does the average income give the right picture of how people live but in a country with higher inequality it is likely to be particularly misleading. Given that the US has by far the most unequal distribution of income among the rich countries, we can safely guess that the US per capita income overstates the actual living standards of more of its citizens than in other countries....The much higher crime rate than in Europe or Japan -- in per capita terms, the US has eight times more people in prison than Europe and twelve times more than Japan -- shows that there is a far bigger underclass in the US."
Author: Ha Joon Chang
Author: Ha Joon Chang
3. "As a broad generalization, liberals see income as a public good that is distributed, like crayons in a kindergarten class. If so-and-so didn't get his or her fair share of income, it's because someone or something — government, the system — didn't distribute income properly. To the extent conservatives see income inequality as a problem, it is as an indication of more concrete problems. If the poor and middle class are falling behind the wealthy, it might be a sign of declining or stagnating wages or lackluster job creation. In other words, liberals tend to see income inequality as the disease, and conservatives tend to see it as a symptom."
Author: Jonah Goldberg
Author: Jonah Goldberg
4. "I think Republicans need to take income inequality more seriously. Not because I favor equality of outcomes. I do not. I think the Right is correct to stress merit and earned rewards, not handouts and forced equality. But I think what Republicans are blind to is that power corrupts."
Author: Jonathan Haidt
Author: Jonathan Haidt
5. "In middle-income countries, inequality becomes a problem because you can see there is a layer of people who are doing well, while the poor are still stuck there. We have 300 million poor in India."
Author: Sri Mulyani Indrawati
Author: Sri Mulyani Indrawati
6. "Eye-popping tales of growing income inequality are hardly new. By now, nearly every American must be painfully aware of the widening pay gap between top executives and shop floor laborers; between 'Master of the Universe' financiers and pretty much everyone else."
Author: Steven Rattner
Author: Steven Rattner
7. "The weak economy, widening income inequality, gridlock in Congress and a presidential election: Those were perhaps the dominant economic and political themes of 2012."
Author: Steven Rattner
Author: Steven Rattner
8. "The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy."
Author: Timothy Geithner
Author: Timothy Geithner
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