Income inequality Quote by Maria Konnikova
“The U.S. has some of the most significant income inequality in the developed world, yet people seem routinely to underestimate that fact.”
About This Quote
Source Article: New York Times, 2020
It points out that despite high income inequality in the U.S., many people fail to recognize its severity.
In simple terms: People underestimate U.S. inequality.
Key Takeaway
Recognize and address inequality.
Themes
economics
social justice
perception
Mood
concerned
thoughtful
Type
informative
analytical
When to use this quote
- Policy debates
- education programs
- media reporting
Key Concepts
Inequality
cognitive bias
Questions to Reflect On
- Why do we ignore inequality?
- How can awareness be improved?
A Different Perspective
Inequality perception can be influenced by framing.
![“We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the…” quote by Alan Greenspan](https://sms4smile.com/quotes/img-quotes/b66/alan-greenspan-1834_average_we-ought-to-be-opening-up-our-borders-to_163888.jpg)
![“Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism. In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by…” quote by Alan Greenspan](https://sms4smile.com/quotes/img-quotes/e7f/alan-greenspan-1834_america_skilled-shortages-in-america-exist-becau_52819.jpg)
