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Politics : American Presidential Politics and foreign affairs
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To: DuckTapeSunroof who wrote (43990)7/25/2010 1:17:24 PM
From: TimF  Read Replies (1) of 71588
 
Another point about that chart. Its interesting that they used "share of income gains" rather than "income", it makes the actual change look much larger than it is. Someone who isn't that sophisticated or who doesn't pay close attention to it would see the chart and likely think that the bottom 90% had about 6 and a half times as much as the top 1% in the 60s but that the ratio has nearly reversed now, but that isn't even close to being true.
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