When Trickle Down Stopped Trickling Down

March 22, 2014 at 3:21 PM Leave a comment

Check out this chart:

Productivity v Wages via business insider

(Image via BusinessInsider.com)

The top, blue line is U.S. productivity/output per hour (1945 – 2013).  The bottom red line is median family real income.  Look at how productivity has kept going up but incomes have leveled off and then fallen since roughly 1980.  Americans have kept working — hard — but the corporatocracy, again, in roughly 1980, stopped increasing wages commensurate with that level of production.  The so-called trickle down stopped at just about the same time politicians started dangling that term in front of our face, like a carrot.

Interesting ahem, coincidence?  No, in retrospect, I’d call it a rather obvious distraction.

Larger version and more here.

 

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Entry filed under: Corporatocracy, They Think We're Idiots/We ARE Idiots, We the People.

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