HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » When income grows, who ga... » Reply #1

Response to HiPointDem (Original post)

Thu Aug 9, 2012, 07:11 AM

1. Great site, HiPointDem. Love the sliders which pick the time period. Makes repubs look very bad.

1921-1928 - Republican era with high tariffs (1921 & 1922) and restrictive immigration laws (1921 & 1924):

The average incomes in the us grew by $4,764;
Richest 10% got 64% of that growth;
The bottom 90% shared 36%.


1933-1952 - Democratic era (FDR and Truman):

Average incomes in the US grew by $15,246;
Richest 10% got 24% of that growth;
The bottom 90% shared 76%.


1961-1969 - Democratic era (JFK and LBJ)

Average incomes in the US grew by $9,949;
Richest 10% got 33% of that growth;
The bottom 90% shared 67%.


1981-1992 - Republican era (Reagan and Bush I)

Average incomes in the US grew by $3,017;
All the growth went to the richest 10%;
Income for the bottom 90% declined.


1993 - 2000 - Democratic era (Clinton)

Average incomes in the US grew by $14,082;
Richest 10% got 70% of that growth;
The bottom 90% shared 30%.


2001 - 2008 - Republican era (Bush II)

Average incomes in the US fell by $432;
The average income of the richest 10% grew;
For the bottom 90% the average income fell.


That is a wonderful and very useful graph. It certainly shows the consequences of republican policies vs Democratic ones.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
HiPointDem Aug 2012 OP
LineNew Reply Great site, HiPointDem. Love the sliders which pick the time period. Makes repubs look very bad.
pampango Aug 2012 #1
HiPointDem Aug 2012 #2
Please login to view edit histories.