The 1990s economy and race

[Recursion]

Here's the lowest quintile of white household incomes:

(Everything's in constant 2014 dollars, and, sorry: I can't seem to get Matlab to stop using scientific notation on the salaries.)



And black:



Here's the second quintile of white household incomes:



And black:



And the third:





Here they are overlayed:



I think running against the 1990s economy simply can't be a winning play in the modern Democratic party.

[forjusticethunders]

1. Is it possible to restore the 1990s economy though?

Very likely the greatest economic period America has ever produced, but it was at least partially based on an economic bubble, and mass incarceration did hide some of the issues that were there by lowering the labor pool. But there's no doubt that that economy was about as good as it got in terms of what the market could provide for people as a whole.

I don't see another computer/internet revolution in the offing though.

[Lucky Luciano]

2. 1990s were good, but some time bombs were set up...

...that came home to roost later.