Federal data released Thursday showed U.S. income inequality in 2018 reached the highest level since the Census Bureau began measuring it five decades ago, a finding that comes less than 24 hours after President Donald Trump said “inequality is down.”
The Census survey found that the nation’s Gini Index—which measures inequality on a 0 to 1 scale, with 0 representing perfect equality—reached 0.485 in 2018.
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In 1967, the U.S. Gini Index was 0.397.
“The separation between rich and poor from 2017 and 2018 was greater than it has ever been,” the Washington Post reported. “The gulf is starkest in wealthy coastal areas such as Washington, D.C., New York, Connecticut, and California, as well as in areas with widespread poverty, such as Puerto Rico and Louisiana.”
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