Government is only a small part of society Oct 24, 2008
why should the burden be further moved towards one quintile. why is raising taxes on corporations going to have any positive impact on an individual. (Waterloo-Cedar Falls Courier)
American dream? Aug 29, 2008
The study points out that social mobility in the US has been broadly unchanged for decades, with around 40% of Americans staying in the same income quintile they started in, with only one in five moving more than one income group up or down the scale. Regional disparities. (BBC News -- Americas)
Election '08: Obamanomics Flunks The Test Aug 2, 2008
Meanwhile, more than half of those in the bottom income group in 1996 moved to a higher income group by 2005, with more than 5% leapfrogging to the richest quintile. (It's no fluke: The same high degree of income mobility is seen in prior comparable periods, as well. (Investors Business Daily)
In defence of social justice Jul 26, 2008
In addition, since 1996, those in the top quintile have received 47. 3 per cent of the increase in disposable income produced by our booming economy. (Sydney Morning Herald -- Australia)
post a comment » Mar 25, 2008
Or maybe you mean the policy of tax cuts which benefited ALL Americans, especially the lower quintiles. (see Congressional budget office data, Total effective federal tax rate 1975-2005 by household quintile). (International Herald Tribune)
Falling downReduced social mobility jeopardises the American Dream Feb 22, 2008
Bottom 20%: 11% Second lowest 20%: 20% Middle 20%: 25% Fourth highest fifth: 38% Top fifth: 53% By Quintiles of parental incomesource: Brookings. But just 11% of children whose parents were in the lowest 20% of the income distribution had a college degree, as opposed to 53% of children whose parents were in the top quintile. (BBC News -- Americas)
Lendman: Multinationals on Trial Dec 2, 2007
The authors show how the "magnitude of the global income divide and associated problems is staggering" with the richest population quintile consuming 86% of all products and services and the poorest one only 1. 3. (Zmag.org)
Economist examines pay off of elite educations Nov 16, 2007
This is by no means a recent trend: in 1969, there existed a fifteen to twenty percent difference in wages between alumni from schools ranking in the lower quintiles and those from schools in the top quintile. Another major factor in wage earnings, Woodbury argued, is the degree of education that an individual's parents have received. (Middlebury College -- The Campus, VT)
A New Robber Baron Era? Nov 9, 2007
--How changes in household size (dramatically shrinking in the bottom quintile) and changes in average age of the population (people in prime working years make more) are affecting the numbers. --How the figures would change if adjusted for hours worked (the top quintile seems to be working many more hours). (Forbes)
IMF-World Bank meeting: What the IMF doesn't see Oct 19, 2007
But the typical country in the middle quintile of the world income distribution (per capita income only $2364-$4031 in 2000 dollars) in 1960 could expect its income per person to increase by 67 percent in two decades. A similarly situated country in 1980 could expect an increase of only 22 percent over the same time period. (International Herald Tribune)
In Pictures: July's Most Dangerous Stocks Jul 12, 2007
The company's return on invested capital (ROIC) ranks in our bottom quintile. Despite these obvious shortcomings, BlackRock trades just a few cents below all-time highs. (Forbes)
2005 Am Law 100 Apr 29, 2007
The notable exception was Weil, Gotshal s, which moved from 30th place into the first quintile when we used CAP. The reason: Collectively its 79 nonequity partners earned about $76 million last year, which by our formula boosted the firm into the VPL top 20 ... For 2005 we found that 17 firms scored in the top quintile on all three charts ... Ranking just behind, making the top quintile in two of the three categories, were Cleary Gottlieb Steen ton; O'Melveny ; and Ropes. (Law.com)
Scipes: Neo-Liberalism & US Labor Feb 3, 2007
The best way to illuminate this is to assemble family data on income or wealthincome data is more available, so that will be used; arrange it from the smallest amount to the largest; and then to divide the population into fifths, or quintiles. In other words, arrange every familys annual income from the lowest to the highest, and divide the total number of family incomes into quintiles or by 20 percents (i ... Then compare changes in the top incomes for each quintile. (Zmag.org)
