You keep talking in percentages ignoring the fact that wealth has been CREATED in America over that period of time and the overall wealth base has grown.
When you talk about dollars and cents, the bottom 99% controls more money when adjusted for inflation than they did 30 years ago.
The GDP in 1980 (2005 dollars) was $5.8 trillion.
The GDP in 2010 (2005 dollars) was $13 trillion.
http://www.measuringworth.com/graph...0&year_to=2010&table=US&field=NOMINALGDP&log=
You're beyond lame, you're delusional. GDP is meaningless in relation to income distribution and median family income.
In constant price, 2010 American median household income is only 0.75% higher than what it was in 1989. This corresponds to a 0.04% annual increase over a 21-year period.[7] In the mean time, GDP per capita has increased by 32.5% or 1.35% annually.[8]
http://en.wikipedia.org/wiki/Median_household_income
Trickledown economics is the principle by which the wealthy make more money, and get to keep it all.
It's also the principle by which they'll loan you enough to hang yourself, to compensate for the fact that you really aren't making any more, but they want you to think you're keeping up with them-
http://www.businessinsider.com/household-debt-to-gdp-drops-by-most-ever-2010-11
The only reason debt is falling is that it exploded during both the Reagan and Bush years, particularly the latter.
Hey- I know you didn't get a raise, but you got a bigger credit limit, so it's all OK, right? College loans draggin' you down? Took out an 80/20 loan to buy your first house? Did a refi on the house to pay off credit cards & the money you borrowed to put the kids through college? Maybe a Heloc? And now you're upside down, chained to the oars of negative equity?
How's that ownership society workin' out for ya', now that you're owned?
It's workin' out great for the guys at the top- never better!
Pay up, chumps!