% of people living in poverty
US Poverty Rate compared to the other top 20 advanced industrial economies
US Exit rate from poverty
How US measures poverty
3 X the cost of an adequate diet
% of US population that will be non-white by 2050
-More than Half
What is Race as a concept?
The sorting of people into groups based on PERCEIVED physical characteristics.
-Race is SOCIALLY constructed
What is Ethnicity as a concept?
The sorting of people based on national origin, language, religion, and or culture.
What where the top effective tax rates under Carter and Bush II?
Carter - 1979 - 37%
Bush II - 2006 - 31.2
US vertical social mobility compared to the other top 20 advanced industrial economies?
The biological differences between men and women
The Social differences between Men and Women
Define Gender Role
Attitudes and behaviors associated with different genders
How society organizes sexual activity
Define Sexual Orientation
The biologically determined attraction to a male or female
Define Sexual Preference
The belief that the gender of a sexual partner is a CHOICE
What are Sodomy Laws?
The legal prohibition against oral and anal sex between consenting adults
What is the gender pay gap?
-Women earn .80 for every man's $1
Women's labor force participation rates
1950's - 30% of women worked outside the home
2000's - 60%
Define De Facto
Income gap by race & ethnicity
Blacks & Latinos make 40% less than whites
Unemployment gap by race & ethnicity
-Latinos are 50% more likely to be unemployed
-Blacks are twice as likely
Poverty gap by race & ethnicity
Blacks & Latinos are 3x as likely to live in poverty
How would you describe the income growth between 1947-1979 compared to 1979-2009
1947-1979 - Strong & Wide
1979-2009 - Weak & Narrow
Productivity growth vs median income over the past 35 years
-Productivity growth - Gown up dramatically
-Real median income -Stagnated
Distribution of wealth between the top 5% and the bottom 80%
-Top 5% holds 63%
-Bottom 880% holds 12%
American perceptions on the distribution of wealth?
Underestimate the actual distribution
But would like things to be more even
Chances of a child moving from the bottom to middle quintile?
Less than half
Chances of a child moving from the top to the middle quintile?
Less than half
US income gap compared to the other top 20 countries
-We have the biggest gap
High Road Capitalism vs Low Road Capitalism
High Road - High Skill /High Autonomy
Low Road - Low Skill /Low Autonomy
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