Check out these charts from Scott Lilly’s report:
- Household incomes are down:
- Corporate profits are up:
- The richest 1% of Americans experienced the greatest income growth:
Flatlined rather fast, didn't we?
Now, you may wonder what Obama and McCain respectively plan to do about this. Let's have another picture:
According to Tax Policy Center figures, McCain’s plan is worse than his opponent’s for the bottom 80% of American families with children and far, far worse for the bottom 40% of families with children.
Hint: T'ain't McCain.