Racial gaps in incomes

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The digital divide across ordinary households @swinshi @Mark_J_Perry

digital divide across America

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Moving on up is a smart phone, dishwasher & dryer @swinshi @Mark_J_Perry

technology diffusion 2015 and moving on up

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Down and out in USA 2015 is no dishwasher @swinshi @Mark_J_Perry

diffusion of household technologies in the USA 2015

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Real GDP Per Capita and the Standard of Living

Divergent price trends

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Most things are getting cheaper

Workers’ Compensation: Growing Along with Productivity

Source: Workers’ Compensation: Growing Along with Productivity.

More on down and out in America

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Source: Attanasio, Orazio P. and Luigi Pistaferri. 2016. “Consumption Inequality.” Journal of Economic Perspectives, 30(2): 3-28.

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Bryan Bruce’s boy’s own memories of pre-neoliberal #NewZealand @Child_PovertyNZ

You really are still fighting the 1990 New Zealand general election if Max Rashbrooke makes more sense than you on the good old days before the virus of neoliberalism beset New Zealand from 1984 onwards.

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Source: Mind the Gap: Why most of us are poor | Stuff.co.nz.

Bryan Bruce in the caption looks upon the New Zealand of the 1960s and 70s as “broadly egalitarian”. Even Max Rashbrooke had to admit that was not so if you were Maori or female.

Maybe 65% of the population of those good old days before the virus of neoliberalism. were missing out on that broadly egalitarian society championed by Bryan Bruce.

As is typical for the embittered left, the reactionary left, gender analysis and the sociology of race is not for their memories of their good old days. New Zealand has the smallest gender wage gap of any of the industrialised countries.

The 20 years of wage stagnation that proceeded the passage of the Employment Contracts Act and the wages boom also goes down the reactionary left memory hole.

That wage stagnation in New Zealand  in the 1970s and early 80s coincided with a decline in the incomes of the top 10%. When their income share started growing again, so did the wages of everybody after 20 years of stagnation. The top 10% in New Zealand managed to restore their income share of the early 1970s and indeed the 1960s. That it is hardly the rich getting richer.

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