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Monday, December 30, 2013

Wealth Distribution

Here is a nice video on wealth distribution (not income inequality) in the US.

http://www.marketplace.org/topics/wealth-poverty/surprise-viral-hit-income-inequality-movie

On a similar note WRT to income inequality and minimum wage - As of January 1st  the municipality of Sea Tac will have a $15/hr minimum wage for some airport and hotel workers.  By far the highest minimum wage in the US.  It will be interesting to see how that works out for all impacted parties (vendors, employees, customers) over the next year.

2 comments:

  1. Correction - the $15/hr applies to non-airport workers.

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  2. I agree that the video is very interesting and I do think that this issue is very important and requires serious action. However, I wish they wouldn't switch back and forth between wealth and income while all the time looking at their wealth chart.

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