If this chart doesn’t make you see red, there’s something wrong with you:
“The following chart tells the story. It shows inflation-adjusted GDP per capita and median family income from 1947 (the earliest year for which the income data are available) to 2007. To facilitate comparison of the over-time trends, each is indexed to its 1973 level. Since the mid-to-late 1970s, growth of income at the median has been slow — very slow — relative to growth of the economy. The current decade, with no improvement at all in median income, is especially striking.”
Slow Income Growth for Middle America, Consider the Evidence, September 3, 2008 (I wish I’d seen this sooner)
Grrrrrrrrrrrrrrrrrrrrrrrrrrr. America making more while the general population are making less? It is truly time to Occupy America because the current management really sucks. Yes, Wall Street, Banking, Insurance Industry, Reagan Administration, Social and Neo Conservatives, I’m looking at all of you. It’s time for the Looting of America to end.
Oh, and yay, it’s an election year, so plus ça change… I think I’ll send the Occupy-iers some swim googles. It won’t stop the pepper spraying, but it will protect their eyes a little.
(via the divine Dr. K)
Crossposted from The Hackenblog