Monday, October 7, 2013

THE ROTTING APPLE

A DECAYING WORKING CLASS
Johann Wagener 10-07-13

Annual American Community Survey shows New York City has the largest gap of income inequality in United States

Any doubt about New York being a city of haves and have-nots goes out the window in a major Census Bureau survey released Thursday.

No other major American city has such income inequality when it comes to rich and poor as New York, according to the data, released Thursday.The annual American Community Survey, a treasure trove used by governments, retailers and planners, is packed with numbers on everything from the jobs we have to the transportation we take to work.

But one bottom line supports the campaign refrain of Democratic mayoral nominee Bill de Blasio, who says New York is “a tale of two cities.”

Of the 30 most populous American cities, New York is tops in the inequality between the rich and poor.