Also, political and economical factors must be taken into consideration, including international trade policies, governmental regulations, competition on the market or unemployment rate.
All statistical observations and analyses point out the sad fact that the American incomes are extremely unevenly distributed. "A statistical summary of U.S. family income distribution since World War II shows the following:
1. The U.S. family income distribution is highly unequal.
2. The degree of income inequality is not much greater today than it was at the end of World War II.
3. Family income inequality declined slowly from 1946 through 1969, increased slowly from 1970 through 1979, and has increased somewhat faster since then." (Levy, 2002)
Bibliography
Larden, J., Collins, C., Inequality, Demos - a network for Ideas and Action, 2007, http://www.demos.org/inequality/,last accessed on December 11, 2007
Bernstein, J., the Hierarchy of Income...
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