A graph is worth a thousand TPM comments
TPM's book club has a worthy dissection of Galbreath's book on the predator state. Meanwhile Brad deLong has a killer graph which I'm probably not allowed to
post here.. The numbers aren't as colorfull but here's what they were
Cumulative Percent Growth
1946 -1976
Per Capital National Income was up 90%
Ave Income Bottom 90% of Households up 83%
Ave Income top 1% of Households up 20%
1976-2006
Per Cap NI up 64%
Ave Inc Bottom 90% up 10%
Ave Inc top 1% up 232%





Link?
August 13, 2008 8:15 PM | Reply | Permalink
URL?
August 13, 2008 11:00 PM | Reply | Permalink
Killer numbers. I Googled the link to here:
http://delong.typepad.com/
August 13, 2008 11:11 PM | Reply | Permalink
Is this the chart you're referring to?
August 14, 2008 11:20 AM | Reply | Permalink
Here is a chart for you entitled "Re-creating the Gap That Gave Us the Great Depression"
http://www.thenation.com/special/images/extreme_inequalitychart.jpg
And here is an excellent related article:
http://www.thenation.com/doc/20080630/cavanagh_collins
August 14, 2008 2:08 AM | Reply | Permalink