I thought this was kind of an interesting observation about income distribution...
turns out that statistically we americans think we are living in a swedish style economy, and don't think we are living in the american economy.
anyway, get used to it, income inequality is the new american dream.
http://www.slate.com/id/2268872
Quote:
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Norton and Ariely also asked respondents what they thought the ideal distribution of wealth should be, and found, again, little difference among income groups, or between Bush voters and Kerry voters. Most favored a wealth distribution resembling that in ? Sweden! But when you examine Norton and Ariely's method, that particular finding gets a little shaky. They showed respondents three unlabeled pie charts. One depicted utopian equality, with wealth distributed equally among five groups. The second depicted the United States, with wealth distributed very unequally among five groups (one of which gobbled up 85 percent?Norton and Ariely put it at 84 percent, but let's not quibble). The third depicted Sweden, where the top quintile accounts for 35 percent of the nation's wealth. Neither the Swedish pie chart nor the U.S. pie chart was identified by nation. Norton and Ariely were astonished that 47 percent of respondents?remember these were all Americans?chose the pie chart depicting Sweden. But surely most survey-takers, when presented with two extreme options and one that lies in the middle, will instinctively gravitate, like Goldilocks, toward the middle option. More surprising to me was that second place went to Utopia (43 percent). Only 10 percent voted for the pie chart depicting the country the respondents actually live in.
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