05.23.12
Disaster, graphed
Paul Krugman uses graphs to present economic data on balance of trade fail and rising inequality, putting spikes through arguments that predatory US business practice — Gordon Gekko-ism — is good.
Rising inequality, presented as a ratio against a scale where 100 is absolute inequality. The US GINI coefficient, or number on that scale, is in the 40’s, the highest of western societies but comparable to many Third World Nations.
Balance of trade fail.
