This is an interesting article, but I wondered at the date selection on their graphic. What happened in 1982? Of course you said: “Why, that’s when you graduated from high school, HorsemanZero!”. And you are correct. But more to the point, a recession ended. So the “big earners” who derive significant income from investments and economic activity (as opposed to labor wages) were pretty much bottomed out, thereby maximizing subsequent gains when taken as a percentage increase. And how about 2006? Well, that was the peak of the housing bubble. All of those evil 1%ers who had plowed their ill-gotten investment income into real estate peaked out there, just before the collapse. Meanwhile, the “99%” slogged along at the average rate. Remember kids, choosing your data set to produce the results you want is Lesson One.

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