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  • Income Distribution in the US
    How is our income distributed? Well, it is pretty concentrated. How concentrated? Take a look.
  • Progress and Poverty, by Henry George
    Here are links to online editions of George's landmark book, Progress & Poverty, including audio and a number of abridgments -- the shortest is 30 words! I commend this book to your attention, if you are concerned about economic justice, poverty, sprawl, energy use, pollution, wages, housing affordability. Its observations will change how you approach all these problems. A mind-opening experience!
  • Wealth Concentration Tables from 2004 SCF: Bottom 90%, Next 9% and Top 1%
    Aggregated data by net worth quantile, for various kinds of wealth. With calculations you won't find anywhere else!
  • Wealth Concentration Tables from 2004 SCF: 50-40-5-4-1
    These tables show how concentrated the ownership of various kinds of assets are. With calculations you won't find anywhere else! This version is less aggregated: Bottom 50%, Next 40%, Next 5%, Next 4% and Top 1%.

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  • Henry George: Progress and Poverty: An inquiry into the cause of industrial depressions and of increase of want with increase of wealth ... The Remedy
    This is perhaps the most important book ever written on the subjects of poverty, political economy, how we might live together in a society dedicated to the ideals Americans claim to believe are self-evident. It will provide you new lenses through which to view many of our most serious problems and how we might go about solving them: poverty, sprawl, long commutes, despoilation of the environment, housing affordability, wealth concentration, income concentration, concentration of power, low wages, etc. Read it online, or in hardcopy.
  • Bob Drake's abridgement of Henry George's original: Progress and Poverty: Why There Are Recessions and Poverty Amid Plenty -- And What To Do About It!
    This is a very readable thought-by-thought updating of Henry George's longer book, written in the language of a newsweekly. A fine way to get to know Henry George's ideas. Available online at progressandpoverty.org and http://www.henrygeorge.org/pcontents.htm

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« How to Increase America's Saving Rate: Rich Americans Save Tax Cuts Instead of Spending | Main | The Feoffees of Ipswich (Mass.) are still considering selling Little Neck! »

September 23, 2010

Independent Voters

I came across an interesting statistic about Connecticut's voters this week:

  • Registered Democrats 792,934
  • Registered Republicans 433,057
  • Registered Independents 914,893

That totals to 2,140,884, and the percentage split is

  • Registered Democrats       37.0%
  • Registered Republicans     20.2%
  • Registered Independents  42.7%

It is interesting to contemplate this in connection to at least two of the current races:

  • Republican candidate Linda McMahon is spending $115,000 per day of her own WWE (World Wrestling Entertainment) fortune to blanket Connecticut's airwaves with ads which disparage her opponent, long-time Attorney General Richard Blumenthal.  She has vowed to spend up to $50 million to win the seat.
  • Democrat Dan Malloy of Stamford is running for Governor; his opponent is Tom Foley, another self-financed candidate, also from Greenwich.   Malloy is relying on $6 million in public financing. 

Connecticut has not elected a Democrat as governor since 1986.  Foley's comment?  “I think people in Connecticut are smart, and they want some adult supervision in Hartford,” he said.

All four candidates are from the two towns farthest from the state capitol in Hartford, and the two towns with the highest Grand Lists in the state.

How will the voters respond to the ads they see and the debates they hear?

Posted on September 23, 2010 at 03:37 PM in wealth distribution or concentration |

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