Tuesday, December 31, 2013

Graph of the Year

The current and beloved article of faith amongst leftists is rising inequality.

Here's a very recent example from Boxing Day:  

Inequality keeps rising, says UC social research expert

Earlier in the year I was fortunate enough to be sent a hard copy of the latest Household Incomes report by its author. Lucky because a request to MSD went unacknowledged and it's such a lengthy, comprehensive report a printed reference copy does wonders for data ease of accessibility and my good humour. Thank you Bryan Perry.

Here's the graph that should accompany every press release about growing inequality.

This is the official measure of inequality in New Zealand. The trend line can best be described as declining albeit slowly.


Oswald Bastable said...

As we all get dragged down...

Anonymous said...

This chart shows clearly that Inequality rises whenever economic progress or reforms are made.

That inequality is declining shows that this government - in spite of its rhetoric - is governing slightly to the left of Helen Clark's government.