Chart of the day

Somebody put together a nice series of charts (and some other pointed commentary) on growing income inequality based on the 99% movement.  There’s several good ones in here, but I really liked this one:

Of course, life is great if you're in the top 1% of American wage earners. You're hauling in a bigger percentage of the country's total pre-tax income than you have at any time since the late 1920s. Your share of the national income, in fact, is almost 2X the long-term average!

About Steve Greene
Professor of Political Science at NC State

2 Responses to Chart of the day

  1. Note that at the lowest point was in the middle of Carter’s reign as president. So what do the precentages mean of what based upon what?

  2. Note that the next big dip occurred in Clinton’s presidency.

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