{"id":64234,"date":"2014-09-27T15:16:07","date_gmt":"2014-09-27T20:16:07","guid":{"rendered":"http:\/\/thesocietypages.org\/socimages\/?p=64234"},"modified":"2014-09-27T15:17:17","modified_gmt":"2014-09-27T20:17:17","slug":"sat-stat-staggering-graph-reveals-the-cooptation-of-economic-recoveries-by-the-rich","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2014\/09\/27\/sat-stat-staggering-graph-reveals-the-cooptation-of-economic-recoveries-by-the-rich\/","title":{"rendered":"Sat Stat: Staggering Graph Reveals the Cooptation of Economic Recoveries by the Rich"},"content":{"rendered":"<p>The graph below represents the share of the income growth that went to the richest 10% of Americans in ten different economic recoveries. \u00a0The chart comes from economist <a href=\"https:\/\/twitter.com\/ptcherneva\/status\/497074358754750465\/photo\/1\" target=\"_blank\">Pavlina Tcherneva<\/a>.<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2014\/09\/1-22.jpg\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-64235\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2014\/09\/1-22-500x355.jpg\" alt=\"1 (2)\" width=\"500\" height=\"355\" srcset=\"https:\/\/thesocietypages.org\/socimages\/files\/2014\/09\/1-22-500x355.jpg 500w, https:\/\/thesocietypages.org\/socimages\/files\/2014\/09\/1-22.jpg 912w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p>It&#8217;s quite clear from the far right blue and red columns that the top 10% have captured 100% of the income gains in the most recent economic &#8220;recovery,&#8221; while the bottom 90% have seen a decline in incomes even post-recession.<\/p>\n<p>It&#8217;s also quite clear that the economic benefits of recoveries haven&#8217;t always gone to the rich, but that they have done so increasingly so over time.\u00a0None of this is inevitable;\u00a0change our economic policies, change the numbers.<\/p>\n<p>Via <a href=\"http:\/\/dish.andrewsullivan.com\/2014\/09\/26\/chart-of-the-day-186\/\" target=\"_blank\">Andrew Sullivan<\/a>.<\/p>\n<span class=\"ft_signature\"><em><a href=\"http:\/\/lisa-wade.com\/\">Lisa Wade, PhD<\/a> is an Associate Professor at Tulane University. She is the author of <\/em><a href=\"https:\/\/www.amazon.com\/American-Hookup-New-Culture-Campus\/dp\/039328509X?ie=UTF8&amp;*Version*=1&amp;*entries*=0\">American Hookup<\/a><em>, a book about college sexual culture; a <a href=\"https:\/\/www.amazon.com\/Gender-Interactions-Institutions-Lisa-Wade\/dp\/0393931072?ie=UTF8&amp;*Version*=1&amp;*entries*=0\">textbook about gender<\/a>; and a forthcoming introductory text: <\/em><a href=\"https:\/\/lisa-wade.com\/intro\/\">Terrible Magnificent Sociology<\/a><em>.\u00a0You can follow her on <a href=\"https:\/\/twitter.com\/lisawade\">Twitter<\/a> and <a href=\"https:\/\/www.instagram.com\/lisawadephd\/\">Instagram<\/a>.<\/em><\/span>","protected":false},"excerpt":{"rendered":"<p>The graph below represents the share of the income growth that went to the richest 10% of Americans in ten different economic recoveries. \u00a0The chart comes from economist Pavlina Tcherneva. It&#8217;s quite clear from the far right blue and red columns that the top 10% have captured 100% of the income gains in the most [&hellip;]<\/p>\n","protected":false},"author":51,"featured_media":64235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[29,36,12498,3920,85,304],"class_list":["post-64234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-class","tag-economics","tag-economics-great-recession","tag-nation-united-states","tag-politics","tag-the-state"],"jetpack_featured_media_url":"https:\/\/thesocietypages.org\/socimages\/files\/2014\/09\/1-22.jpg","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/64234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/comments?post=64234"}],"version-history":[{"count":3,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/64234\/revisions"}],"predecessor-version":[{"id":64238,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/64234\/revisions\/64238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media\/64235"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media?parent=64234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/categories?post=64234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/tags?post=64234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}