Thursday, November 3, 2011

Yet wingnuts think class jealousy is the problem

The wealthy say that spongers, moochers, and leeches are stealing their rightfully huge share of the GDP. Here's the truth: Unless you're in the top 1%, your share of the GDP hasn't gone up. After taxes.

I guess we now know who the spongers, moochers, and leeches really are. In my dreams.

What the graphs don't say: The bottom 80% did see income some growth, but nearly all of it came from the meteoric rise of two-income households.

By the way, don't forget where these quintiles divide.

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