Los Angeles is among the top 10 U.S. cities with the widest gulf between the rich and poor, a Washington think tank reported Thursday.
The upper 5% of Los Angeles residents earned more than 12 times what the bottom 20% took in, Alan Barube, who studies social policies affecting low-income families for the
The inequality gap is even worse in San Francisco, Atlanta, Miami and Boston, where big earners made 15 times more than the bottom-income bracket, Barube said. His analysis was based on 2012 U.S. Census figures.
Barube said the findings have political implications in a period when President
Cities where the rich are very rich and the poor very poor will have trouble sustaining a mixed-income school system that helps low-income students close the educational gap and could find middle-class workers and families forced out, hurting the tax base, Barube said.