Sunday, April 10, 2011

The Rich are Getting Richer -- An Astonishing Chart Shows How Much

The Center on Budget and Policy Priorities, a progressive research organization, has published an amazing chart showing how the inequality gap between average Americans and the extremely wealthy has grown.

The differences between 1946- to 1976 and for 1976-2007 are presented in graphical form so that most everyone should be able to easily understand the information presented.


Here's a quote from Chuck Marr, Director of Tax Policy, at the CBPP:  "For the last three decades, nearly all the gains of economic growth have gone to the tiny sliver of people at the top of the income scale."

The chart is accompanied by an analysis of House Budget Committee Chairman Paul Ryan’s budget proposals, which would, according to the CBPP, make the gap between the rich and poor even more extreme than it is now.

Read more about it at this link.

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