Quote:
Originally Posted by stocktrader23
Economic growth is not in dispute but it's WHO IT WENT TO THAT MATTERS.
"CBO study: In the past 30 years nearly all income growth has gone to the top 1%. The bottom 80%'s share fell accross the board."
http://www.cbo.gov/doc.cfm?index=12485
I knew your true colors would show soon enough, same old shit from the same old moron. You start out like you are the voice of reason and degenerate into right wing talking points in a matter of hours / days regardless of topic.
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What the fuck kind of bullshit you ram down our throats? You say nearly all income growth has gone to the top 1%, but from the same exact page you linked to it says...
Quote:
CBO finds that, between 1979 and 2007, income grew by:
275 percent for the top 1 percent of households,
65 percent for the next 19 percent,
Just under 40 percent for the next 60 percent, and
18 percent for the bottom 20 percent.
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So, um, pretty much everyone grew, including the bottom twenty percent?
There is nothing that I hate more than people who take stats and twist them into their version of the truth.