Friday, December 30, 2011

Economic Reality of the USA

SINCE 1980, GAINS IN INCOME HAVE GONE TO THE TOP 1% 

From 19225-1980, income gains accrued to all of society  (see here for much more on this).




THIS WEALTH DISPARITY IS WORSE IN THE US THAN ANY OTHER NATION



TAXES HERE ARE HIGH? COMPARED TO WHERE?

 compared to others, the US is a low tax country.



TAXES ON THE WEALTHIEST HAVE FALLEN DRAMATICALLY 


THE 1990S TAXES WORKED FOR BUSINESS AND JOB CREATIONS AND REDUCED DEFICITS (growth).



THE LARGEST CAUSE OF DEFICITS WERE MASSIVE TAX CUTS 


#7: You didn’t expect us to do the above for the deficit and not for the debt??!!




HEALTH CARE COSTS GROW FASTEST IN PRIVATE SCTOR 


 

THE LOST DECADE FOR MIDDLE CLASS FAMILIES

http://jaredbernsteinblog.com/the-best-of-cbpp-graphics/ 

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