Comments on: U.S. Income Earned By The Top 1/100th of A Percent (1913 to 2007) http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/ Sociological Images encourages people to exercise and develop their sociological imaginations with discussions of compelling visuals that span the breadth of sociological inquiry. Fri, 25 May 2012 14:45:45 +0000 hourly 1 By: The Myth of Saint Ronnie and Our Current Dilemma | Comments from Left Field http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-449897 The Myth of Saint Ronnie and Our Current Dilemma | Comments from Left Field Mon, 14 Feb 2011 17:50:16 +0000 http://thesocietypages.org/socimages/?p=12336#comment-449897 [...] charts for the share of wealth controlled by the top 10% and top 0.01%.  Ronald Reagan and the conservatives ushered in an era of unbridled greed.  An increasing amount [...] [...] charts for the share of wealth controlled by the top 10% and top 0.01%.  Ronald Reagan and the conservatives ushered in an era of unbridled greed.  An increasing amount [...]

]]> By: The Disastrous Legacy Of Ronald Reagan In Charts | NEWS JUNKIE POST http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-446401 The Disastrous Legacy Of Ronald Reagan In Charts | NEWS JUNKIE POST Sun, 06 Feb 2011 22:11:07 +0000 http://thesocietypages.org/socimages/?p=12336#comment-446401 [...] charts for the share of wealth controlled by the top 10% and top 0.01%.  Ronald Reagan and the conservatives ushered in an era of unbridled greed.  An increasing amount [...] [...] charts for the share of wealth controlled by the top 10% and top 0.01%.  Ronald Reagan and the conservatives ushered in an era of unbridled greed.  An increasing amount [...]

]]> By: goban http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-362569 goban Sat, 14 Aug 2010 22:20:44 +0000 http://thesocietypages.org/socimages/?p=12336#comment-362569 The lords of modern times Are diverting our minds, On this graph is good to focus To see growing a world odius. The lords of modern times
Are diverting our minds,
On this graph is good to focus
To see growing a world odius.

]]> By: Krista http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-208437 Krista Tue, 02 Feb 2010 18:34:49 +0000 http://thesocietypages.org/socimages/?p=12336#comment-208437 There is a reason why you see the very top "earners" capturing a greater percent of wealth during bubbles - the stock bubble of the 1920s, the tech bubble of the 1990s, and then the housing bubble of the 2000s. The reason is that bubbles are caused by inflating the money supply and the places where the money enters the economy are controlled by the rich and powerful. That is the reason why the banks are earning record profits right now. The way to help the middle and lower classes is to prevent inflation - even allow deflation. Deflation is only demonized by the indebted and greedy government. For the lower classes, falling prices are not a bad thing. There is a reason why you see the very top “earners” capturing a greater percent of wealth during bubbles – the stock bubble of the 1920s, the tech bubble of the 1990s, and then the housing bubble of the 2000s. The reason is that bubbles are caused by inflating the money supply and the places where the money enters the economy are controlled by the rich and powerful. That is the reason why the banks are earning record profits right now. The way to help the middle and lower classes is to prevent inflation – even allow deflation. Deflation is only demonized by the indebted and greedy government. For the lower classes, falling prices are not a bad thing.

]]> By: Asid Figh http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101774 Asid Figh Thu, 20 Aug 2009 04:10:00 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101774 Talking about money "earned" by the "top" percent of a percent gives them waaaaay too much credit. Talking about money “earned” by the “top” percent of a percent gives them waaaaay too much credit.

]]> By: Louche http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101432 Louche Wed, 19 Aug 2009 03:29:12 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101432 What I find interesting is that it hit a high point before the Great Depression, and it apparently has hit an all-time high despite the latest recession. Or did it go down after that? What I find interesting is that it hit a high point before the Great Depression, and it apparently has hit an all-time high despite the latest recession. Or did it go down after that?

]]> By: NancyP http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101426 NancyP Wed, 19 Aug 2009 02:58:03 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101426 What was the 2007 minimum income for the 0.01% top "earners" (individual incomes)? What would be equally interesting would be a graph of percent real income donated to charities by the 0.01% top "earners", over the same time period. What was the 2007 minimum income for the 0.01% top “earners” (individual incomes)?

What would be equally interesting would be a graph of percent real income donated to charities by the 0.01% top “earners”, over the same time period.

]]> By: Annoyed http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101344 Annoyed Tue, 18 Aug 2009 22:39:37 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101344 If you transposed that onto a graph of childhood poverty rates, it would look similar. If you transposed that onto a graph of childhood poverty rates, it would look similar.

]]> By: Annoyed http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101343 Annoyed Tue, 18 Aug 2009 22:38:10 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101343 Yes, it dips at those points but you can't ignore the general trend. Yes, it dips at those points but you can’t ignore the general trend.

]]> By: lisa http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101274 lisa Tue, 18 Aug 2009 20:15:30 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101274 Thanks! Fixed. Thanks! Fixed.

]]> By: Carla http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101233 Carla Tue, 18 Aug 2009 17:35:32 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101233 What I find interesting about this graph is that it hits its lowest points (local minimums) during major recessions. What I find interesting about this graph is that it hits its lowest points (local minimums) during major recessions.

]]> By: Carla http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101230 Carla Tue, 18 Aug 2009 17:24:25 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101230 which is the top 1/100th percent which is the top 1/100th percent

]]> By: Lyndsay http://thesocietypages.org/socimages/2009/08/18/the-percent-of-income-earned-by-the-top-110th-of-a-percent-1913-to-2007/comment-page-1/#comment-101210 Lyndsay Tue, 18 Aug 2009 16:36:06 +0000 http://thesocietypages.org/socimages/?p=12336#comment-101210 Just want to point out that the graph says 0.01%, not 0.1%. Just want to point out that the graph says 0.01%, not 0.1%.

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