Strange: Income Inequality In Big Cities, Which Tend To Lean Democrat, Continues To Grow

It’s an article of faith within Liberal circles that income inequality is a Bad Thing, and that the way to solve it is not by creating an atmosphere for good paying jobs, but by confiscatory policies and demagogueing. Alas, we find out something bad about big cities, which mostly tend to be chock full of way more Democrat voters than Republican voters

(UK Daily Mail) The gap between the rich and poor in big cities in the United States is still widening, according to a new report.

Atlanta is the most unequal city with the wealthy taking home nearly 20 times more than low-income households, data from the Brookings Institution revealed.

The analysis compared 2013 census data for the top five per cent of earners with the bottom 20 per cent to work out the difference in wages.

Liberals can’t blame the messenger for this one. The Brookings Institution is vastly left leaning institution during this century, and has received large amounts of funding from George Soros, who certainly wouldn’t fund a right leaning organization.

Nationwide the rich took home around 9.3 times more money – but in big cities it was up to 11.6 times.

It showed the average wage for top earners in Atlanta was $288,159 – nearly $274,000 more than the bottom fifth’s earnings.

The income gap was also large in San Francisco, Boston and Miami, with San Francisco boasting the highest earnings for the wealthy at $423,171. Rich households in Washington were the only others to top $300,000.

The gap in Washington, D.C., is 14.4. NYC’s gap is 13.7. Chicago and Los Angeles are at 12.5.

In all fairness, the Brookings Institution article does note (the Daily Mail doesn’t) that many cities, including many on the list of those which have seen a big increase in the income gap, have seen a significant rise in incomes for those in the bottom 20%. Jacksonville, Florida saw a jump of 18.1%, and San Francisco saw income rise 15.1%. Brookings concludes

These findings confirm that income inequality remains a salient issue in many big cities today. Moreover, they lend support to the concern that rising incomes at the top of the distribution are not—at least in the short term—lifting earnings near the bottom, even in local markets.

Since the debate over the $15/hour minimum wage started in Seattle in late 2013, many other cities—including Chicago, Los Angeles, New York, and San Francisco—are considering or have enacted increases to the minimum wage locally. While the minimum wage is a potentially important means for helping low-earner households living in high-cost places, local policymakers should not ignore the other tools they have at hand—from education to economic development to housing and zoning policies—that are essential for improving social mobility and sustaining income diversity in big cities today.

Some of those measures include amnesty for illegal aliens, who tend to depress wages, and will still depress wages even as legal citizens/residents, due to their status as low wage, uneducated workers. Universal pre-school is somehow supposed to Do Something for income. They never explain how. Raising the minimum wage just tends to reduce the number of workers. Maybe heavily liberal cities should do a bit of navel gazing as to why the cost of living is so darned high in their heavily liberal cities.

Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach.

Share this!

Enjoy reading? Share it with your friends!