Inequality: Growth in real after-tax income

Source: Paul Krugman:

Andy Rosenthal gets a bit of a laugh out of Mitt Romney’s insistence that the only reason anyone would talk about inequality is the “politics of envy”, and that if the subject is discussed at all, it should only be in “quiet rooms”.

Indeed. Because there’s no way anyone who isn’t motivated by envy could be interested in and possibly concerned about this:

Trickle-down economics has now become shut-your-trap economics.


About James Crist

How do we stop America's decline? The country is in trouble and we can all feel it. Where did we go wrong? How do we fix it? We now have an auction-based government, for sale to the highest bidder. Politicians have become nothing more than corporate whores and pawns for the rich. If we want our representatives to represent us, let them get their campaign money from us, their constituents. We have to amend the constitution to get the big money out of politics.
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