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.
Thursday, November 3, 2011
Yet wingnuts think class jealousy is the problem
Labels:
class,
economy,
new york times,
paul krugman,
wealth,
wingnut
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