If you do, you’re part of the problem and not part of the solution. When I first say the above graph I was going to link it to my staycation post, but after consideration, I realized that the chart and Lane Kenworty’s post demanded separate treatment.

From Consider The Evidence:

The chart shows average inflation-adjusted incomes of the poorest 20%, middle 60%, and top 1% of households since the 1970s. The incomes include government transfers and subtract taxes. For the bulk of American households, incomes have increased moderately or minimally. For those at the top, by contrast, they have soared.

Why This Chart?

Here are what I think should be the principal considerations. Some are obvious, others perhaps not.

Oh how the American Dream has tarnished.

Jeff Hess: Have Coffee Will Write.

Share on Facebook

This entry was posted on Thursday, July 22nd, 2010 at 0820 by Jeff Hess and is filed under Economics, Low-Wage Capitalism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.