Trickle Up Economics, Illustrated

You guys’ll love this, let’s have a political food fight about it…

From the Wall Street Journal:

A new chart from the Economic Policy Institute, using data from NYU Economist Ed Wolff, shows that more than 80% of the nation’s wealth gains between 1983 and 2009 went to the wealthiest top 5%.  The top 1% gained 40% of the nation’s total  wealth gain, while the next 4% gained 41.5%.

The share of wealth held by the bottom 60% dropped 7.5%.

Put another way, the top 1% gained an average of $4.5 million per household, while the next richest 4% gained $1.2 million.

Oh boy.

Source:

The Wealthiest 5% Grabbed Most of the America’s Gains (WSJ)

 

What's been said:

Discussions found on the web
  1. w88 commented on Sep 21

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2011/09/16/trickle-up-economics-illustrated/ […]

  2. immediate edge scam commented on Sep 22

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2011/09/16/trickle-up-economics-illustrated/ […]

  3. china replicas wholesale commented on Nov 25

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2011/09/16/trickle-up-economics-illustrated/ […]

  4. sex store commented on Dec 08

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2011/09/16/trickle-up-economics-illustrated/ […]

  5. buy adhd pills online commented on Jan 13

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2011/09/16/trickle-up-economics-illustrated/ […]

  6. DevOps companies commented on Feb 04

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/09/16/trickle-up-economics-illustrated/ […]