• Public

  • Public
  • Network
  • Groups
  • Popular
  • People

Two graphs, on for USA and one for Western Europe. "Top 1% vs. Bottom 5o% national income shares, 1980-2016: Diverging income inequality trajectories" In the USA graph, Reagan's head points toward 1980, where the top 1% share of national income starts at around 10% and the bottom 50% share starts at about 21%. Halfway thru the ensuing years, they cross, and in 2016 the 1% take 20% of national income, while the bottom 50% share declines to about13% In the Western Europe graph, the top 1% share starts at 10%, bumps around, rises a bit to finish at 11%. The bottom 50% share of income starts at 24%, then declines gently to just above 20%