Scrooge McDuck “makes it rain” in his swimming pool full of money.
Think you have the dirt on inequality in America? Jeffrey Rudolph, a college accounting professor in Montreal, has crafted an extensive quiz stocked full of hard facts and figures from a range of authoritative sources that cuts through the myth and lies thrown up by America’s leading misinformers.
Sample a few of the questions before diving in below. —ARK
Jeffrey Rudolph via Informed Comment:
13. What was the main cause for the sudden decline in incomes, between the mid-1930s and mid-1950s, for the richest Americans? (Hint: Your answer can be one word long.)
16. What was the federal US minimum wage (in 2006 dollars) in 1966? 2006?
18. True or False: Increased income taxes and social welfare spending necessarily come at the expense of economic growth.