By USDR
President Obama has characterized income inequality as “the defining challenge of our time,” prodding Republicans to come up with “concrete plans” to reduce it. However, a new study shows that the highest levels of income inequality in the U.S. are found in Democratic strongholds: the nation’s largest cities.
“Inequality in big cities exceeds the national average,” according to the study by Brookings senior fellow Alan Berube, entitled “All Cities Are Not Created Equal.”
Berube used data from the Census Bureau’s 2012 American Community Survey to calculate the “95/20 ratio” – dividing the number of households with incomes in the top 95 percent by the number of households in the bottom 20 percent.
Using this methodology, he found that the difference between the highest earners and lowest earners was greater in the nation’s 50 largest cities than in the United States as a whole.
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