In addition to these disturbing facts there are also accompanied with some other alarming statistics. The Parrott points out that the 90,000 people that represent New York City’s one percent have an average household income of $3.7 million dollars. While at the same time there are 900,000 residents of New York City that are consider to be in deep poverty. For a family of four living in deep poverty that translate to about $10,500 a year. He also reports the average income for a household in New York City is below $30,000 a year while the top one percent makes about $10,137 a day. Making New York State and New York City the most “polarized” within the 50 States and 25 major cities across America. With the presented information Parrott attempts to sort the disparity in income in America between inflation, the need for a higher skilled workforce, and political incentive. It is evident with the information given that your income can and will determine how well you can feed and care for your family.
Source: Juanita But, Mark Noonan, Sean Scanlan (2007) The Place Where We Dwell; Reading and Writing of New York City, PG180, As The Income Gap Widens written by James Parrott
