This graph shows how the period following WW II was good for middle class income growth relative to the top 1%. That picture changed dramatically beginning with the Reagan administration. It is no wonder that he has achieved sainthood among the top 1%. It is a marvel of effective propaganda that he is also worshiped by the segment of the population that has lost ground. Jesus has been transfigured from a God who was concerned about the welfare of the poor, to a God who is worshipped because he cut taxes for the rich.
Thursday, November 10, 2011
The Good Old Days Were Really Better For The Middle Class In The US
This graph shows how the period following WW II was good for middle class income growth relative to the top 1%. That picture changed dramatically beginning with the Reagan administration. It is no wonder that he has achieved sainthood among the top 1%. It is a marvel of effective propaganda that he is also worshiped by the segment of the population that has lost ground. Jesus has been transfigured from a God who was concerned about the welfare of the poor, to a God who is worshipped because he cut taxes for the rich.
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