Friday, January 10, 2003

Toby's Political Diary - 'Let it Begin Here'

Look at the following data from the Census bureau, showing the change in share of national income from 1980 to 2001:

Bottom fifth -19%
Second fifth -16%
Middle fifth -14%
Second highest -8%
Top 20% 15%
Top 5% 42%

The bottom 80% of Americans lost ground in terms of share of income since the time of Ronald Reagan. The top 20% gained some share of income, but the top 5% gained nearly 75% of all share of income given up by the bottom 80%.

This is not class war. It is class rape.

He has other good stuff.

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