From Laurie Loves Data
Right after WWII, income gains were shared between all income levels in the US
In 1980 that changed
The very wealthy got the lion's share of income and wealth
*Lobbying by businesses exploded
*The power of unions declined
*Trickle-down economics became the GOP mantra
| "95th percentile" means 95% of the population earns less than you. "20th" percentile means that you are in the bottom 20%. |
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