{"id":7052,"date":"2016-02-20T09:33:28","date_gmt":"2016-02-20T14:33:28","guid":{"rendered":"http:\/\/www.lisaschnellinger.com\/pennies\/?p=7052"},"modified":"2019-05-15T13:50:05","modified_gmt":"2019-05-15T17:50:05","slug":"money-money-money","status":"publish","type":"post","link":"https:\/\/www.lisaschnellinger.com\/pennies\/?p=7052","title":{"rendered":"Money money money"},"content":{"rendered":"<p>The real reason that I have been delving into Census data was not to torture y&#8217;all with quizzes, but to help student journalists learn how to report on income inequality. If you want to know more about the practical steps, check out <a href=\"http:\/\/www.nearmediallc.com\/reporting\/measuring-the-wealth-and-income-gap\/\" target=\"_blank\">the post on the NewsNumbers.us site<\/a>.<\/p>\n<p>A small percentage of people at the top garner a large percentage of the income. We can measure it in different ways, but the point is that there&#8217;s a very large gap between the richest and the rest of us. That gap has been growing since the late 1970s. <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.lisaschnellinger.com\/pennies\/wp-content\/uploads\/2016\/02\/income-and-tax-shares1979-and-2007-300x207.jpg\" alt=\"income and tax shares1979 and 2007\" width=\"300\" height=\"207\" class=\"alignnone size-medium wp-image-7078\" srcset=\"https:\/\/www.lisaschnellinger.com\/pennies\/wp-content\/uploads\/2016\/02\/income-and-tax-shares1979-and-2007-300x207.jpg 300w, https:\/\/www.lisaschnellinger.com\/pennies\/wp-content\/uploads\/2016\/02\/income-and-tax-shares1979-and-2007.jpg 600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Why should we care about this gap in America? Well, here are a few of the consequences:<\/p>\n<ol>\nCreates political and social unrest<br \/>\nAlienates citizens from one another and from government<br \/>\nSegregates neighborhoods, becomes self-perpetuating<br \/>\nSlows economic growth and may contribute to recession\n<\/ol>\n<p>Here&#8217;s the last quiz, I promise. The answers to it are at the end of this post, along with the answers for <a href=\"http:\/\/www.lisaschnellinger.com\/pennies\/?p=7047\" target=\"_blank\">yesterday&#8217;s quiz on housing<\/a>. <\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/forms\/d\/1Z175FC4nwoLKgufJTQY-bhDRyDkts2agyJLZ71_81Ao\/viewform?embedded=true\" width=\"600\" height=\"1270\" frameborder=\"0\" marginheight=\"0\" marginwidth=\"0\">Loading&#8230;<\/iframe><\/p>\n<p>Answers for yesterday&#8217;s quiz &#8211; and like the first quiz, only a few people got even three answers correct:<\/p>\n<ul>\n12.5 percent of housing units in the U.S. are vacant<br \/>\n8.5 million are mobile homes<br \/>\n28.9 were built before 1960<br \/>\n59.9 percent have three or more bedrooms<br \/>\n51.8 percent of renters spend 30 percent or more of their household income on rent<br \/>\nThe median value of owner-occupied housing is $181,200\n<\/ul>\n<p>You can view the full data profile on housing here: <a href=\"http:\/\/www.lisaschnellinger.com\/pennies\/wp-content\/uploads\/2016\/02\/ACS_14_1YR_DP04.pdf\" target=\"_blank\">2014 Housing Profile<\/a><\/p>\n<p>Answers for today&#8217;s quiz:<\/p>\n<ul>\n4.5 percent work from home<br \/>\n2 percent are employed in agriculture, forestry, fishing and hunting, and mining<br \/>\n13.9 percent are government workers<br \/>\nThe median household income is $53,657<br \/>\n21.7 percent of children in the U.S. live below the poverty line<br \/>\n22.9 percent of all household income goes to the top 5 percent of households\n<\/ul>\n<p>You can view the full data profile on economics here: <a href=\"http:\/\/www.lisaschnellinger.com\/pennies\/wp-content\/uploads\/2016\/02\/ACS_14_1YR_DP03.pdf\" target=\"_blank\">2014 Economics Profile<\/a><\/p>\n<p>Today&#8217;s penny is a 2014, the year this data was collected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real reason that I have been delving into Census data was not to torture y&#8217;all with quizzes, but to help student journalists learn how to report on income inequality. If you want to know more about the practical steps, check out the post on the NewsNumbers.us site. A small percentage of people at the &hellip; <a href=\"https:\/\/www.lisaschnellinger.com\/pennies\/?p=7052\" class=\"more-link\">read more <span class=\"screen-reader-text\">Money money money<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":7072,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[318],"tags":[36,5,172,742,743,286,751,138],"class_list":["post-7052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-refraction","tag-36","tag-census","tag-economics","tag-income","tag-inequality","tag-money","tag-quiz","tag-work"],"_links":{"self":[{"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=\/wp\/v2\/posts\/7052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7052"}],"version-history":[{"count":10,"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=\/wp\/v2\/posts\/7052\/revisions"}],"predecessor-version":[{"id":7081,"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=\/wp\/v2\/posts\/7052\/revisions\/7081"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=\/wp\/v2\/media\/7072"}],"wp:attachment":[{"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lisaschnellinger.com\/pennies\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}