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pampango

(24,692 posts)
8. "All three are within a few decimal places of the previous highs — which occurred in 1928..."
Sat Feb 15, 2014, 08:40 AM
Feb 2014

1928's unmatched record of of income skewed to the top 10%, 1% and .1% came after 8 years of republican regressive taxes, deregulation, weak unions, high tariffs and limited immigration.

Now we have similarly skewed incomes with regressive taxes, deregulation, weak unions, low tariffs and higher immigration. I see which policies are common to both eras of income skewed towards the super-rich.

Latest Discussions»General Discussion»The middle class’s missin...»Reply #8