Wednesday, December 19, 2007

A World of Bob Cratchets

This chart is part of a really good post on income inequality at Afferent Input. Basically, it tells us that over the last 30 years more of each dollar made in the U.S. has ended up in the pockets of the top 1%. The bottom 90% meanwhile have all taken steps backward. I think there is a related Christmas story here somewhere.

Read the whole post to get the full picture.
Via Kevin Drum.


Afferent Input said...
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Afferent Input said...

Thanks for the link. I have a new post up that looks at change of income over time, not just share of income. Uses raw numbers and isn't as "meta" as "share of income". Some even more interesting observations pop out.

MM said...

Cratchit. Bob Cratchit. A quarter-second's searching on Google could have solved that spelling disaster.


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