[Occupymendocino] Get Rich, Live Longer: The Ultimate Consequence of Income Inequality
Richard Karch
rkarch at mcn.org
Sat Apr 26 23:20:00 PDT 2014
http://www.theatlantic.com/business/archive/2014/04/more-money-more-life-the-depressing-reality-of-inequality-in-america/360895/
Get Rich, Live Longer: The Ultimate Consequence of Income
Inequality
DEREK THOMPSONAPR 18 2014, 12:33 PM ETMorein
Reuters
Brookings economist Barry Bosworth crunches the data on income and lifespans for the Wall Street Journal, and the numbers tell three clear stories.
1. Rich people live longer.
2. Richer people's lifespans are growing at a faster rate.
3. The problem is worse for women than for men.
First, let's look at the guys. A rich man (top decile) born in 1940 can expect to live 10 years longer after he turns 55 than a poor man (bottom decile). That longevity gap grew by four years in one generation.
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