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Vermont's growing wealth gap

One stat recited by economist Arthur Woolf has it that Vermont leads the nation in shrinkage of the 25-44 age group; when they leave for economic reasons, they take their kids with them, thus explaining both a lower-than-expected unemployment rate and a 10 percent or so school enrollment decline over the last ten years.

If you think more in graphical than in verbal terms, visualize it this way: if the "normal" income or wealth distribution takes the shape of a bell curve-because of a large middle-class in the center of the distribution-then Vermont's emerging two-tier economy would show as a reverse bell curve (lower than normal in the center) because of middle class shrinkage, and higher at the two ends.

Long-time Vermont observer, architect Martin Harris now calls Tennessee home.

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