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TopicPolitics Containment Topic 153: fuck Politics Containment Topic 152
Eddv
12/02/17 1:56:31 PM
#9:


Here are some charts illustrating that Trickle down economics has had almost no appreciable effect on anyone aside from top earners.

https://inequality.org/wp-content/uploads/2017/05/real-weekly-wages.png

Not how only the top line really climbs in any way. Real wages have been stagnant for over 40 years.

https://inequality.org/wp-content/uploads/2017/05/growth-in-before-tax-income-final-2.png

The blue line is the total average. The red line is the bottom 20% of earners. Again trickle down economics has not trickled down to the working class in any noticeable way

https://inequality.org/wp-content/uploads/2017/05/share-of-total-us-income-tippy-top-19193-2015.png

Finally look at the distribution of wealth - this chart tracks what % of the nations total wealth is in the hands of the top .1%. You see the chart peak a first time in the 20s, fall off in the great depression and stay really low throughout the Golden Age of the Middle Class from the 40s through the early 80s when the big trickle down tax reform plan passed and now? More wealth is in the hands of the very very few than at any time ever, including just prior to the Great Depression.

This source does have an agenda but all of this data is collected from the CBO and the Bureau of Labor Statistics and you can read more here.

https://inequality.org/facts/income-inequality/

The point is no one in this topic is going to reap the rewards of this tax bill aside from maybe SephG.
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