These charts were compiled by the St. Louis Federal Reserve. They have been the most active data collection agency to date, of economic data relative to different income levels…
These charts are most telling because they are all timelined with the Recessions and Depressions….
The Seven Charts That Show the Historical Effects of the Romney-Gingrich Policy…..
2. At the same time, corporate profits are at an all-time high, both in absolute dollars and as a share of the economy.
3. Wages as a percent of the economy are at an all-time low.
6, After adjusting for inflation, average earnings haven’t increased in 50 years.
I cannot do better than the Atlantic‘s summation of all these moving parts…
It took the country 15-20 years to pull out of that slump and fix the imbalances. But by the mid-1950s, employment, corporate profits, wages, and inequality had all returned to more normal levels. And the country enjoyed a couple of decades of relatively well-balanced prosperity. But now, everything’s out of whack again.
Importantly, the inequality that has developed in the economy over the past couple of decades is not just a moral issue. It’s a practical one. It is, as sociologists might say, “de-stabilizing.” It leads directly to the sort of social unrest that we’re seeing right now.
SO, WHY IS NO ONE TAKING REPUBLICANS TO TASK FOR THE RESULTS THEY MADE, INSTEAD, THEY GET TREATED LIKE THEIR PHILOSOPHY COULD BE A VIABLE OPTION?
Isn’t “someone” bending over backwards, NOT to report “All The News That’s Fit To Print?”
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