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Re:The Geography of U.S. Inequality by anovikov on Tuesday September 06, 2016 @08:36AM (#12435487)
If the per capita GDP of U.S. grew by 12.4%, how it happened that all classes of society were worse off in 2014 than in 2000? I don't trust that chart at all.
Re:The Geography of U.S. Inequality by LizardLarry on Tuesday September 06, 2016 @09:21AM (#12435774)
Numbers of this sort are usually fucking worthless because of the manipulation applied to them in accordance with political goals.

Forget the government figures and look at the market. Sure you might make a buck more an hour but the price of meat has doubled (roughly) in the past five years.

But the curious thing is we live in an era where being poor isn't as fucking horrible as it was in the past. While homeless I was able to have a smartphone, a laptop, and a couple of things of liquid nicotine. That's a sanity keeping pack right there.

I don't care if the rich guy can order custom-made marbelized sculpted horse anuses, my quality of life as a homeless man was increased precisely because rich men were assholes enough to create products general and well-built enough for many environments.

The problem of course is the almost never-ending stream of propoganda which tells people to eat sub-standard food and adopt sub-standard lifestyles. You stuff a population full of terrible diets, little personal physicality, and constant dopaminergic stimulation...

Well I suppose if I were a rich man I'd be chuckling at the peons who are literally segregating themselves physically as a separate species. It'd make breeding and consolidation a bit easier if you could tell a peon visually by their body fat ratio.

Re:The Geography of U.S. Inequality by mwfunk on Tuesday September 06, 2016 @09:27AM (#12435806)
If I were addicted to nicotine I wouldn't be quite so smug about people eating junk food.
Re:The Geography of U.S. Inequality by LizardLarry on Tuesday September 06, 2016 @09:39AM (#12435901)
Nicotine is a lifesaver for people on the streets. The majority concern is over carcinogenic particulates that occur in certain delivery vehicles of nicotine (cigarettes). Getting cancer in the future is your least concern.

Mitigating the anxiety, fear, and lonliness by using nicotine? That's far far higher up. That's the bigger priority in the timeframe of "being fucking homeless".

Re:The Geography of U.S. Inequality by mempko on Tuesday September 06, 2016 @12:39PM (#12437260)
Except you are wrong about them creating the Technology. Most of the tech you mentioned was created in the public sector and then handed over to the private.

Same public sector could have provided you a home. You could have had a smartphone, a laptop, AND a roof.

But those smug rich assholes don't make money off that, so therefore you don't have it. You only have the droppings of gov research after it was privatized.

Re:The Geography of U.S. Inequality by Shivetya on Tuesday September 06, 2016 @09:48AM (#12435950)
except I don't see how the NYTimes can bend these numbers to serve their party of choice.

being poor in a developed country has rarely been bad and its hard for many to realize that is true. as for the price of meat the government intervention in grain pricing with regards to pushing ethanol and similar didn't help that.

the rich can weather a bad storm better than the poor but only if they are properly diversified and not relying on the boom to keep them there

Re:The Geography of U.S. Inequality by wavefunction on Tuesday September 06, 2016 @10:03AM (#12436056)
>>being poor in a developed country has rarely been bad and its hard for many to realize that is true

Have you ever been poor? I understand that absolute poverty in an undeveloped country is worse, but to make a statement like you have shows that you apparently have very little understanding of the reality of poverty in a developed country.

Re:The Geography of U.S. Inequality by LizardLarry on Tuesday September 06, 2016 @10:24AM (#12436196)
Being merely poor sucks in an environment that is stacked to keep you down by merely ENVIRONMENTAL means. Not even propoganda.

As I said before, if you eat substandard food, don't give your body stress in manageable amounts (exercise), and are constantly bombarded by a level of stimuli unthinkable to someone from 1800...

Being "poor" or even "homeless" doesn't have to suck as bad. From experience, the whole homeless shelter (particularly within Veteran Affairs) system is ripe for disruption. You wouldn't believe how much money is wasted on absolute bullshit (coughAnyoneWithASocialWorkDegreecough) as opposed to simple procedures and steps which actually help a person to not be homeless.

Two things which persisently keep a lot of homeless people down are a lack of employable skills and a lack of supportive social networks that keep a person "in the game" so that they're not bored and smoking crack.

Re:The Geography of U.S. Inequality by tbihl on Tuesday September 06, 2016 @09:55AM (#12435998)
I believe parent's point was that GDP is significantly decoupled from experience of the vitality in a 'main street'perspective. In China they get high GDP growth rates, but if the productive activity was building high rises where no one lives, we may need to reevaluate our notion of 'productive'.
Re:The Geography of U.S. Inequality by anovikov on Wednesday September 07, 2016 @01:06AM (#12441067)
In China high GDP growth rate is mainly translated into moving people from village to city. It is more like: lives of both city and village people is only very slowly improving (while faster than in developed countries), but there are quickly getting more of the former and less of the latter. Only those who move reap the benefits.

This process will be over soon when urbanization hits Western levels (about 10-15 years from now), then the growth rate will moderate.

Re:The Geography of U.S. Inequality by ionised on Tuesday September 06, 2016 @11:33AM (#12436719)
GDP is a piss poor way of measuring the prosperity of a nation across all of its people.

It's heavily skewed towards the richest in society, and yet people keep harping on about GDP increases in all of these questionable free-trade agreements we keep hearing about.

Increased GDP should not be a reason for adopting anything.

Re:The Geography of U.S. Inequality by sprafa on Tuesday September 06, 2016 @09:10AM (#12435695)
The growth of economic indexes is meaningless. The gains are going massively onto the people who already own capital. That's the engine of inequality.

Also... You don't "trust" that chart? You can probably calculate it yourself if you want. That chart is data. If you have any reasonable arguments against the accuracy of that data Id love to hear it.

Re:The Geography of U.S. Inequality by yummyfajitas on Tuesday September 06, 2016 @09:23AM (#12435788)
Not trusting a chart because it's numbers seem to contradict other numbers is perfectly valid and reasonable. Your comment about gains going to people who own capital (who, incidentally, are primarily middle class homeowners) is not a refutation of it. In fact, it's completely irrelevant.

A refutation would be explaining why GDP and income don't necessarily correlate, which is more a matter of accounting identities. Specifically, GDP != income, income is merely one component of it.

Re:The Geography of U.S. Inequality by antisthenes on Tuesday September 06, 2016 @02:10PM (#12437994)
The wage share in the United States has been consistently falling from ~64% to about 57% now. (as a % of GDP)

It's quite easy to see that even if GDP grew 12% as someone else mentioned, the change from 64% to 57% would keep incomes at approximately the same level (and perhaps even slightly lower).

Re:The Geography of U.S. Inequality by anovikov on Tuesday September 06, 2016 @03:48PM (#12438776)
Income is not just wage. Total personal income is about 80% of GDP and that figure doesn't change much over time.
Re:The Geography of U.S. Inequality by antisthenes on Tuesday September 06, 2016 @04:10PM (#12438947)
https://fred.stlouisfed.org/series/PRS84006173#0

Wage share is an economically accepted term, with data from BLS behind it.

You literally made up some number and said "it doesn't change much over time".

You're going to need to provide a source for that 80%.

Re:The Geography of U.S. Inequality by anovikov on Thursday September 08, 2016 @02:18AM (#12450683)
Easily. Personal income was 15737.7 billion in 2015

http://www.bea.gov/newsreleases/national/pi/2016/pdf/pi0716....

and GDP in current dollars was 18036.6 billion - http://www.bea.gov/national/xls/gdplev.xls, so 87.5% of GDP was income, and that figure has been pretty much constant over last 50 years, at never out of 75-90% range for sure. In fact, it is higher than average in the last 10 years or so - while difference is really small.

Disposable income after all taxes and including all social transfers (excluding non-monetary ones like food stamps and assisted housing) was 69.5% of the GDP, also quite typical figure which shows to tendency to fall over time, more likely to rise.

Surely that includes dividends, rents, and realized capital gains. And yet, it must have been reflected in the chart in question, if only in the top decile - while chart somehow shows incomes of all deciles falling from 2000, which is hard to believe.

Re:The Geography of U.S. Inequality by dragonwriter on Tuesday September 06, 2016 @03:51PM (#12438797)
> Income is not just wage. Total personal income is about 80% of GDP

Since personal income includes capital income, that's a useless figure when "wage" is being used as an (admittedly, imperfect) proxy for labor income as opposed to capital income, as the context upthread makes clear it was.

Re:The Geography of U.S. Inequality by anovikov on Tuesday September 06, 2016 @12:28PM (#12437180)
Because income is still over 60% of GDP, GDP growing while income falls would mean a really dramatic growth of all other components. I can't see how it may be true.
Re:The Geography of U.S. Inequality by fumplethumb on Tuesday September 06, 2016 @09:38AM (#12435889)
> The gains are going massively onto the people who already own capital. That's the engine of inequality.

This is a main point in Capital in the 21st Century by Thomas Piketty. He explains the capital/income ratio and its effects on the economy. Decent write up here: http://www.robertdkirkby.com/blog/2015/summary-of-piketty-i/

Re:The Geography of U.S. Inequality by throwanem on Tuesday September 06, 2016 @10:01AM (#12436042)
> That chart is data.

No chart is ever data. A chart, like the result of an SQL query, is a projection via analysis. The analysis may be trivial, or it may not. You can hide a lot in non-trivial analysis if you want to. I don't say that the NYT did so here (and I don't say that it didn't), but it's hard to have any kind of productive discussion when something this basic is overlooked.

Re:The Geography of U.S. Inequality by anovikov on Tuesday September 06, 2016 @10:49AM (#12436379)
OK, so what? That is still income isn't it?
Re:The Geography of U.S. Inequality by Bahamut on Tuesday September 06, 2016 @08:54AM (#12435576)
Excepting the very rich is what the point of the article is I believe.
Re:The Geography of U.S. Inequality by wavefunction on Tuesday September 06, 2016 @09:10AM (#12435698)
All the gains went to the richest in this country.

The middle class in America shrank considerably following 2009.

Re:The Geography of U.S. Inequality by PopsiclePete on Tuesday September 06, 2016 @01:32PM (#12437686)
GDP is a horrible measure of prosperity. If one giant corporation exchanged 2 trillion dollars with of goods with another giant corporation in some way, you'd see an uptick in GDP. Doesn't mean that 99.9999999999999% of people ever saw any change.
Re:The Geography of U.S. Inequality by anovikov on Wednesday September 07, 2016 @05:15AM (#12441816)
That especially looks incredible (if not outright impossible) that since 1990 to 2014, real GDP per capita in the U.S. has increased by 39.8%. And the chart somehow implies that average income remains approximately unchanged.

There must be something distorting that chart, like: it is a chart of household income dynamics, and the average size of household has decreased.

Re:The Geography of U.S. Inequality by fumplethumb on Tuesday September 06, 2016 @09:10AM (#12435697)
> If the per capita GDP of U.S. grew by 12.4%

Where did you get that number? No way that's right. Here are the numbers from the Fed: https://fred.stlouisfed.org/series/A191RP1Q027SBEA

Annual per capita GDP growth never exceeded 7% from 2000-2014.

Re:The Geography of U.S. Inequality by yummyfajitas on Tuesday September 06, 2016 @09:15AM (#12435736)
Wrong series. This is the right one:

https://fred.stlouisfed.org/series/A939RX0Q048SBEA

Real GDP/capita = $43,935 in Q1 2000, $50,549 in Q4 2014. That's 15% growth.

Your own numbers don't disagree with this if you integrate them and divide by population.

Re:The Geography of U.S. Inequality by fumplethumb on Tuesday September 06, 2016 @09:22AM (#12435780)
Ahh I see now. OP was talking cumulative growth, not annualized growth. Thanks!
Re:The Geography of U.S. Inequality by alanwatts on Tuesday September 06, 2016 @09:38AM (#12435884)
GDP != quality of life or standard of living
Re:The Geography of U.S. Inequality by albertsun on Tuesday September 06, 2016 @09:37AM (#12435879)
GDP growth and income growth are not equivalent - for example, corporate profits that aren't distributed would count towards GDP but not towards individual incomes.
Re:The Geography of U.S. Inequality by tuna-piano on Tuesday September 06, 2016 @10:07AM (#12436088)
One reason could be that they are using average household income - which is also affected by marriage rates.