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Income inequality in the United States is the extent to which income is distributed in differing amounts among the American population. The U. The economic and political impacts of inequality may include slower GDP growth, reduced income mobility , higher poverty rates, greater usage of household debt leading to increased risk of financial crises, and political polarization. Measurement is debated, as inequality measures vary significantly, for example, across datasets [6] [7] or whether the measurement is taken based on cash compensation market income or after taxes and transfer payments. The Gini coefficient is a widely accepted statistic that applies comparisons across jurisdictions, with a zero indicating perfect equality and 1 indicating maximum inequality. Further, various public and private data sets measure those incomes, e.Remarkable message: Falling Of The Higher Class
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Falling Of The Higher Class
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