Kasz216 on 08 September 2008
| The Ghost of RubangB said: I just read an interview where a guy said that when Regan first took office, the top 1% owned 8% of the wealth in the country, but today they own 25%. |
That's Clinton's fault.
Seriously. If you look at the Gini Coeeficient it rised largest during Clinton. Reagan was the second largest.
In 1994 there was an unexplainable huge jump...
Bush amazingly has the Gini Coeeficient right about where Clinton left it. He was oddly good for the gap between the "rich and poor'.
It was rising... then dropped off suddenly in 2007.
Guess his crappy economy has hit the rich harder... or something. Can't explain it... but it's true.
- 1967: 39.7 (first year reported)
- 1968: 38.6 (lowest index reported)
- 1970: 39.4
- 1980: 40.3
- 1990: 42.8
- 2000: 46.2
- 2005: 46.9
- 2006: 47.0 (highest index reported)
- 2007: 46.3
