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Reply #161: Don't quote stats unless you know what you're doing: [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Political Heretic Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-04-09 06:27 PM
Response to Reply #1
161. Don't quote stats unless you know what you're doing:


Note that on Average, between 1989 and 2001, income inequality rose between the top fifth and the bottom four fifths.

Furthermore, wages stagnated.


We had the decoupling of productivity and wages for the first time in the 20th century back around the start of Reagan, and we've never gotten that back sense. You see the disconnect between the growth of productivity and wages here, but if you break this out into income categories, what you see is wages stagnant for the middle-class and wages in decline for the working poor.

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