The “L” Curve

There are many stories, and stats explaining the income inequality on the US. Many of them are very good, some are confusing but I think this one shows it the absolute best.

They put together a graph of INCOME in the United States and the red line represents $100 bills. Here is their explanation:

The US population is represented along the length of the football field, arranged in order of income.

Median US family income (the family at the 50 yard line) is ~$40,000 (a stack of $100 bills 1.6 inches high.)

–The family on the 95 yard line earns about $100,000 per year, a stack of $100 bills about 4 inches high.

–At the 99 yard line the income is about $300,000, a stack of $100 bills about a foot high.

–The curve reaches $1 million (a 40 inch high stack of $100 bills) one foot from the goal line.

–From there it keeps going up…it goes up 50 km (~30 miles) on this scale!

And we are attacking the teachers?

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3 thoughts on “The “L” Curve

  1. Yabbut most mutual fund companies offer accumulation programs where you can invest as low as $25 a month.

  2. ^walks up to goal line^

    Tall stack you have there. Be a real shame if someone came and kicked it down.

    ^tasing commences^

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