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> Remarkably, this debate has taken place based on partial and inappropriate indicators of U.S. inequality. . . . First, spending inequality – what we should r
by tdaltonc 11y ago
> Remarkably, this debate has taken place based on partial and inappropriate indicators of U.S. inequality. . . . First, spending inequality – what we should really care about – is far smaller than wealth inequality.
No one really care about the exact level of inequality. They care about the trend (that inequality is much higher then it used to be). If they showed that that trend was different then what everyone thought that would be interesting, but just showing that this measure reports a different level is not so interesting.