FAMILY INCOME GROWTH--1979--2005
Bottom 20%-minus 1%
Second 20%--+9%
Third 20%---+15%
Fourth 20%--+28%
Top 20%------+53%
Top 5%--------+81%
1%---22%------24% in 1928=Great X
TOTAL WEALTH FORBES 400
1995—470 Billion
2000---1400 Billion
2005---1250 Billion
PERSONAL SAVING RATE
1949—5%
1982—11%
2006—minus 1%
EXECUTIVE(ANNUAL) COMPENSATION(AVERAGE-ROUNDED))
1990--$3,000,000
2000--$15,000,000
2005--$10,000,000
CEO PAY AS MULTIPLE OF AVERAGE WORKER PAY
1990-107
1995-180
2000-525
2005-411
HOURLY WAGES 1973-2005 (2005 DOLLARS)
Middle 50%--(1973--$13.00)---(2005--$14.00)
SPENDING & DEBT - INCREASE % -- BY TERM—NUMBERS ROUNDED
CARTER—(17%--0.4%)
REAGAN—(14%—49%)--(7%--40%)
BUSH I-----(80%--33%)
CLINTON—(4%-13.%)—(8%--minus 0.2%)
BUSH II--(19%--23%) ( 13.3%-18.7%))
INCREASES 1978-2005
DEMOCRATIC PRESIDENTS
SPEND + 10%---DEBT +4%
REPUBLICAN PRESIDENTS
SPEND + 12% DEBT + 36%
This omits second term of Bush which was xxxxx.
This shows exactly what happened to the Middle Class since 1980.
Debt increase from 4% to 36% was “gift” to already rich by cutting taxes which reduced revenues but borrow from other nations. Failure of Republicans to get revenue to pay our way was primary cause for current fiscal disaster. Some claim it was intentional to create a destruction of our safety nets which prevented Great Recession from being another Great Depression. I doubt that assumption as being too evil and too dumb even for Conservatives who spent fifty years whining in the wilderness of Rejection due to their Great Depression.
FAMILY INCOME GROWTH--1979--2005
Bottom 20%-minus 1%
Second 20%--+9%
Third 20%---+15%
Fourth 20%--+28%
Top 20%------+53%
Top 5%--------+81%
1%---22%------24% in 1928=Great X
TOTAL WEALTH FORBES 400
1995—470 Billion
2000---1400 Billion
2005---1250 Billion
PERSONAL SAVING RATE
1949—5%
1982—11%
2006—minus 1%
EXECUTIVE(ANNUAL) COMPENSATION(AVERAGE-ROUNDED))
1990--$3,000,000
2000--$15,000,000
2005--$10,000,000
CEO PAY AS MULTIPLE OF AVERAGE WORKER PAY
1990-107
1995-180
2000-525
2005-411
HOURLY WAGES 1973-2005 (2005 DOLLARS)
Middle 50%--(1973--$13.00)---(2005--$14.00)
SPENDING & DEBT - INCREASE % -- BY TERM—NUMBERS ROUNDED
CARTER—(17%--0.4%)
REAGAN—(14%—49%)--(7%--40%)
BUSH I-----(80%--33%)
CLINTON—(4%-13.%)—(8%--minus 0.2%)
BUSH II--(19%--23%) ( 13.3%-18.7%))
INCREASES 1978-2005
DEMOCRATIC PRESIDENTS
SPEND + 10%---DEBT +4%
REPUBLICAN PRESIDENTS
SPEND + 12% DEBT + 36%
This omits second term of Bush which was xxxxx.
This shows exactly what happened to the Middle Class since 1980.
Debt increase from 4% to 36% was “gift” to already rich by cutting taxes which reduced revenues but borrow from other nations. Failure of Republicans to get revenue to pay our way was primary cause for current fiscal disaster. Some claim it was intentional to create a destruction of our safety nets which prevented Great Recession from being another Great Depression. I doubt that assumption as being too evil and too dumb even for Conservatives who spent fifty years whining in the wilderness of Rejection due to their Great Depression.
I hope Americans love conservative bananas
olduglymeanhonest mad mad mad
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