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The history of American inequality, in 1 fascinating chart

The history of American inequality, in 1 fascinating chart

Many people know that inequality was high during the era of Downton Abbey, fell during the mid-20th Century, and has been on the rise since then. But you rarely see a chart that explains these dynamics so well as the one above from NPR’s Quoctrung Bui. The chart graphs how much average households in the bottom 90 made each year against how much the top 1 percent made each year since the Great Depression in inflation-adjusted 2012 dollars.

For an explanation of the history behind these trends, check out this article by Post’s Matt O’Brien that discusses the influence of the Great Depression, the New Deal, and trickle-down economics.

Ana Swanson | April 20, 2015 at 11:31 am
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