This chart seems a bit concerning.

Hugo Drax

Diamond Member
Nov 20, 2011
5,647
47
91
At some point some thing bad happens, well when you look in the history books.

20140806_obamainequality.jpg
 

Atreus21

Lifer
Aug 21, 2007
12,001
571
126
At some point some thing bad happens, well when you look in the history books.

20140806_obamainequality.jpg

So how did this happen?

Distribution of average income growth during expansions. That's pretty specific. How many expansions have there been in each interval from that chart?
 

Newell Steamer

Diamond Member
Jan 27, 2014
6,894
8
0
B-b-but trickle down economics!!

B-b-but people are lazy!!

B-b-but people are buying iPhones, tattoos, TVs and having abortions!

Remember, none of this is due to the wealthy manipulating our government and exploiting/abusing American labor. It all comes back to the middle and poor classes; they are at fault for bruising when they get punched in the face causing this situation.
 

michal1980

Diamond Member
Mar 7, 2003
8,019
43
91
B-b-but trickle down economics!!

B-b-but people are lazy!!

B-b-but people are buying iPhones, tattoos, TVs and having abortions!

Remember, none of this is due to the wealthy manipulating our government and exploiting/abusing American labor. It all comes back to the middle and poor classes; they are at fault for bruising when they get punched in the face causing this situation.

Gonna trickle down, any time now...

trickle down economics.

The piss is all that trickles down.

So are you going to complain to the guy you voted for?
 

MagickMan

Diamond Member
Aug 11, 2008
7,460
3
76
So are you going to complain to the guy you voted for?

Don't hold your breath, the Glorious Leader isn't responsible for making the rich even more wealthy (just ignore all the pandering to the wealthy via all the fundraisers he attends).
 

halik

Lifer
Oct 10, 2000
25,696
1
81
At some point some thing bad happens, well when you look in the history books.

20140806_obamainequality.jpg

Distribution of income changes will look identical to that in general, not just during expansion. All you are showing is that there are relatively more people without college education and wages of those w/o education have been on the decline over the last 50 years. Simply put, to be productive these days, you need more than k-12 education.

fig1.jpg


brookings-inst-median-family-income.JPG
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Distribution of income changes will look identical to that in general, not just during expansion. All you are showing is that there are relatively more people without college education and wages of those w/o education have been on the decline over the last 50 years. Simply put, to be productive these days, you need more than k-12 education.

fig1.jpg


brookings-inst-median-family-income.JPG

So if we just bit the bullet and everyone went to college, the trend would reverse?
 

Moonbeam

Elite Member
Nov 24, 1999
74,746
6,762
126
Well, as far as I am concerned the situation is hopeless. No political party will do anything about this. We require a constitutional convention demanded by the people to change the Supreme court rulings that corporations are people and money is speech. We need to change the way we vote from winner take all and institute a process where a losing vote on a ballot defers to a second choice. It is up to the American people to fix this outside the current system. Violence is out so what other solution is there than the people changing the law so it works for them? What we have now is bought and paid for.

It seems to me that this simple fact is never addressed, that folk just want to complain.
 

feralkid

Lifer
Jan 28, 2002
16,864
4,977
136
Don't hold your breath, the Glorious Leader isn't responsible for making the rich even more wealthy (just ignore all the pandering to the wealthy via all the fundraisers he attends).


Wut?!

I thought he was a socialist wealth re-distributer who hated the rich?