State of Working America is an interactive infographic showing "how growth in average income was shared between the richest 10% and the other 90% of Americans. All figures are in 2008 dollars."
Between 1994 and 2008 Average incomes in the US grew by $8,880. The richest 10% got 86% of that growth. The bottom 90% shared 14%.
Between 2001 and 2008. The average income in the US fell by $432. The average income the richest 10% grew. For the bottom 90% average income declined.
It's easy to cherry pick. Between 2002 and 2008. The average income in the US grew by $2,388. All growth went to the richest 10%, Income for the bottom 90% declined.
1 comment:
A related article from today's HuffPost:
http://www.huffingtonpost.com/jonathan-weiler/americas-staggering-inequ_b_821801.html
TT
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