Picture worth a 1,000 words

[dixiegrrrrl]

In the last 10 years, this is a snapshot of our country's economy



Source:
http://www.deptofnumbers.com/

[hunter]

1. Ouch.

:(

[catbyte]

2. Wow.

[HopeHoops]

3. Yeah, well, that pretty well fits the GOP objectives except that the left side isn't low enough.

[indepat]

30. Shows what junior's tax cuts, unfunded pre-emptive wars, and laizze-faire governance

wrought: now we have a new administration's tax cuts, continuance of unfunded wars, and tepid Wall Street reform with the wholly predictable results now being experienced. :patriot:

[patrice]

4. K&R

[CaliforniaPeggy]

5. Well, that brings it into stark reality.

Thank you...

[bigwillq]

6. K and R (nt)

[dixiegrrrrl]

7. I am sending this to friends who do not like think in "economic" terms.

[Doctor_J]

8. Go directly to the graph

Post link :shrug:

[dixiegrrrrl]

10. Sorry?

I am not clear on what you are saying.

[OneGrassRoot]

11. Do you still have the link to that particular graph?

I think that's what the poster is asking. I'm asking, too.

I like to post these types of charts elsewhere, but not linked to DU. Others are likely to pay attention more if they don't see anything political in the name of the site it's linked to.

I looked at the site but couldn't find it.

Thanks!

:hi:

[hunter]

13. Here it is...

http://www.deptofnumbers.com/blog/2011/01/ten-years

With hideous Glenn Beck banner add when I clicked it the first time, but they don't pick and choose their sponsors using adchoices.

[Doctor_J]

22. Thanks. When I tried to post that I got the pic itself instead of the link

as Pat Summerall so accurately put it, "Something's wrong"

[SecularMotion]

14. Here's a link

http://www.deptofnumbers.com/blog/2011/01/ten-years/

[OneGrassRoot]

16. Thanks :) n/t

[dixiegrrrrl]

17. ahhhh....got it.

I have people complain in the past when I linked only to the pics....
in future perhaps I had best use both links.
Good to see that others found it, it WAS way down on the page.

just to be sure, here:


again, an interesting site.
i have ad blocker so I see no ads, thus have no idea what sponsors there might be on that site.

[Doctor_J]

9. Voodoo economics reaches its inevitable conclusion

[moondust]

25. Yup.

This is what large numbers of Americans voted for starting with Reagan, though one can only guess that most didn't know the implications of their vote despite repeated warnings.

[malaise]

12. K & R n/t

[Ian David]

15. Be more interesting to see these as a line graph over time. n/t

[gratuitous]

18. And when you send this to folks

Ask them to take particular note of Median Household Income, and compare it to Corporate Profits. If they're really stubborn, tell them to look up the numbers for worker productivity. Labor is working harder and more productively than ever, creating a great deal of wealth, and none of that wealth is making it into the workers' pockets. Is that fair? Is that just? When the nitwits harp on the "job creators" and those who "deserve" their wealth because they're such superior mortals (or whatever), it should be obvious that their increased fortune has been plundered directly from the sweat of someone else's brow.

[dixiegrrrrl]

19. Not only that, do you have any idea of how much money we have lost on our savings?

I wish they would do a chart of the LOSS of income from the average worker. Loss of investments in retirement accounts, savings accounts, etc, alone, not even counting REAL inflation, must be enormous, because that is the money that the banks have stolen.

[Gari]

42. Your comment reminded me

After the 1929 stock market crash wiped out savings, the Demoncratic government came to the rescue of the impoverished (by the banksters) elderly to prevent starvation. The people at the time had believed the banksters, saved their money dutifully for their old age and then were wiped out. This spawned a generation of people who did not trust banks, considering them evil, thieving institutions. My grandmother hid money all over the house. Several years after her death, we were still discovering small stockpiles of cash all over.

History repeating itself, but few leaders today are going to help the impoverished and risk their corporate masters' wrath. I guess the surplus population better get on with the business of dying. And can you imagine the mega-churches setting up soup kitchens?

[Fire Walk With Me]

20. Thank you Gordon Gecko.

[Doctor_J]

27. Gecko was an Oliver Stone cartoon

what you mean is thank you Ronald Reagan and hate radio.

[VWolf]

21. Well, at least rent has stabilized

:sarcasm:

[Uncle Joe]

23. Kicked and recommended.

Thanks for the thread, dixiegrrrrl.

[Mira]

24. Stark and illuminating - Thank you for posting recommended

[yardwork]

26. It's missing the amount we spend on these wars. I believe that's the only reason GDP is up.

Thanks for posting.

[Juche]

28. Some of those numbers may be wrong

Corporate profits tripled, not doubled. They were 500 billion around 2000-2001, and are now at about 1.6-1.7 trillion. They've gotten a little higher since this last chart.




Also those health insurance numbers may be wrong. From 2001-2007 premiums for a family plan went up 78%, so with an extra 4 years (2008-2011) the numbers will be even higher, closer to 100% higher.

http://www.kff.org/insurance/ehbs091107nr.cfm

Then again I don't know if inflation is factored out in those.

[sfpcjock]

29. Sucks! Thx.

I can tell you that the "health insurance", so-called is correct, but that the raises have really dramatically accelerated in the past two years. They are preparing for having to spend 85% of their premiums on care instead of useless cherry picking. So, they want to get the gauging done ASAP. What you don't see here is that simultaneously the insurance scam is rapidly shifting many costs to the rate payers. These include higher co-pays and deductibles. For example, now when I get a regular check up it comes with bills for hundreds of dollars from my doctor for uncovered services that used to be covered.

[louslobbs]

31. K&R Thanks dixiegrrrrl N/T

Lou

[dixiegrrrrl]

36. U R welcome

:hi:

[Canuckistanian]

32. That's a 10-year delta?

Wow, very telling.

[Octafish]

33. KBR66

Thank you for an outstanding graphic and thread, dixiegrrrrl.

I still cling to the slim hope we'll see some real change, sooner rather than later.

[Major Hogwash]

34. Excellent graph, dixxegrrrrl

It's amazing that the tea party coalition - the coalition of the willfully ignorant - thinks that going back to the failed policies of Bush's White House years is going to do anything but ruin this country.

[leveymg]

35. That says just about everything you need to know, and how to reverse most of those numbers.

left to right:

nationalize the energy sector
national health
cut defense spending
break up big banks and corporations

[L. Coyote]

37. Looks like a Tea Party for the rich.

[ejbr]

38. Defense Spending? n/t

[Roland99]

39. Notice this dropoff in median income after Nixon took us off the gold standard?

[Enthusiast]

40. -whiny voice- "Oh, we don't want to increase taxes

on the corporations, that would cost us jobs."

[Broderick]

41. Really nice graph!

Excellent perspective making tool.

[Blue Owl]

43. Thank You Bu$hCo

What a fine mess young Georgie has made.