Posted 8 years ago on July 27, 2012, 1:44 a.m. EST by jrhirsch
from Sun City, CA
This content is user submitted and not an official statement
Check this interactive wealth inequality graph. Set the sliders for any two years between 1917 and 2008 and it will automatically show wealth distribution by a pie chart for the top 1%, 5%, 10% and the bottom 90%. Also shows how much incomes grew over the period chosen. It's already adjusted for inflation, so wages from decades ago can be fairly compared.
Share it with your doubting friends and family and "show them the money" is not trickling down, it's rushing up to the top 1%!
For example, between 1968 and 2008, average income grew by $11,642. The richest 10% received 97% of that gain, the bottom 90% received just 3%. Look at the blue line on the bottom. That's the bottom 90%'s share of income, and it hasn't changed much since 1968. The real reason why most of us are not getting ahead!