The original can be found here.
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Pavlina Tcherneva's chart showing the distribution of income gains
during periods of economic expansion is burning up the economics
internet over the past 24 hours and for good reason. The trend it
depicts is shocking:
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For a long time, most of the gains from economic growth went to the
bottom 90 percent of the income distribution. And, after all, the
bottom 90 percent includes the vast majority of people. Since 1980,
that hasn't been the case. And for the first several years of the
current expansion, the bottom 90 percent saw inflation-adjusted
incomes continue to fall.
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The data series ends in 2012 and we don't know how long the expansion
will last, so that negative income trend may evaporate before all is
said and done. But unless there's a massive break with the previous
three expansions we will continue to have an economy where the typical
family's living standards grow much more slowly than GDP growth per se
would allow.
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