Thursday, September 12, 2013

Didn't see this coming. Oh, wait. Yes I did

By Richard K. Barry

Part of the problem with blogging is that after a while you feel you're saying the same thing over and over again. Then we remember that most people don't pay much attention so by the time something is said or reported a thousand times, a few people actually start to pay attention. 

Here are some non-shocking facts as reported by Teagan Goddard at Roll Call. And there's a pretty picture just in case words aren't your thing:


You got it? In 2012 the top 10 percent of earners took home more than half the country's total income, and their share is trending up.

That seems fair. I mean if they "earned it" they must "deserve it." Who can argue with logic like that?

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1 Comments:

  • Take that chart and turn it upside down and you would have a graph that would look a lot like the rate of union membership in the U.S. since the 1920s. We had a strong union movement (and strong middle class) in the U.S. during the 1940s and 1950s. Today, a mere 5 percent of private sector workers are union. And that number continues to decline.

    By Blogger Marc McDonald, at 11:46 PM  

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