Was sad - and a little bit unsurprised - to read MSNBC/Forbes' story about the wealth disparity in Fairfield County. According to the author (who cites the US Census Bureau) "the Bridgeport-Stamford-Norwalk metro area has the most income inequality of any area in the United States."Yikes.
The article goes on to note that the lowest 20% of wage earners in our area take home an annual salary of $17,000, whereas the highest 5% of wage earners take home a whopping $823,000 per year - or just under 50 times as much. Of course, this doesn't account for the rising unemployment rate in the state. The Hartford Courant reports that CT's unemployment rate has steadily risen from October 2008 to October 2009, with an October 2009 rate of 8.8%.
It's not a sustainable solution, but when you think about giving during the holidays, don't forget that there are needy people in your midst. And if you could please do something positive and get MSNBC back for a do-over, that would be awesome too.
(photo from Daveybot, flickr.com)
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1 comment:
knowing MSNBC, i wouldnt be suprised if they manipulated this data some have. Let's all give everything we work for away.
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