wonkroom.thinkprogress.org - 11/3/2008
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Our guest blogger is Adam Jentleson, the Communications and Outreach Director for the Hyde Park Project at the Center for American Progress Action Fund.
In 1980, Ronald Reagan famously asked America, “Are you better off than you were four years ago?”
After eight years of conservative rule, ...
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Eight Years Later
Matthew Yglesias —
CAPAF has a new memo asking if you’re better off than you were eight years ago. Here’s a chart:
The key to this is the wedge between the growth in corporate profits (strong!) and the growth in household income (negative!) which drives the growth in the poverty rate and the number of children in poverty, two indicators that, in turn, lead to all manner of other social ills. ...
400 richest Americans’ incomes doubled under Bush.
Think Progress —
... The Wonk Room has noted how “the conservative approach of putting big corporations and the very wealthy ahead of the middle class has failed to create prosperity that can be shared by all Americans.” ...
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