America’s Inequality Problem Just Improved for the First Time in a Generation

That's Right! - The distribution of wealth is becoming more equal. As the distribution becomes more equal, the Lorenz curve moves closer to the line of equality. So, the Lorenz curve is below but moving closer to the line of equality.

That's Right! - A fall in the Gini ratio tells us that incomes are becoming more equal. In the last 12 months, wages in the lowest quarter of the workforce increased by a greater percentage than wages in the highest quarter of workforce, so income is becoming more equally distributed and the Gini ratio is becoming smaller.