If This Doesn't Make It Clear

Basically, this shows what we all know.  But did we know how far back it went?  Not surprisingly, there was pretty big uptick during Reagan's presidency.  And the rich certainly enjoyed the rise of the economy during Clinton's presidency, and then received another huge boost with the tax cuts from Bush junior.  The big drop you see was in the tech bubble bursting.  But they climbed right back with the help of Bush and company.  The level of income the top 1%  had by 2007 become obscene.  In real income they were making 5 times what the top 1% were making in boom of the 1920s.  Understand that when I say real income, I'm comparing apples to apples.  In other words, if you took someone from the top 1% of the 1920s, their purchasing power would only be a fifth of what the top 1% of 2007 had.  And the disparity has only grown worse.

While I'm not comparing tax laws, economic policies, or even the advent of multinationals, I am just talking about income.  And the incredible disparity that exists today.  If this doesn't make it clear that something has to change, I really don't know what will.