When Income Grows, Who Gains?

When income grows, who gains? BOTTOM EPI 90% Between 1976 and 2008: Average incomes in the U.S. grew by $12,157 The richest 10% got 100% of that growth. The bottom 90% shared o%. TOP 10% Top 1-5% Top 1% 2 Indicates Decline Average income over time Bottom 90% Top 5-10% 1976 2008 $1.400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 1917 1922 1927 1932 1937 1942 1947 1952 1957 1962 1967 1972 1977 1982 1987 1992 1997 2002 2008 Source: The data come from this table: http://www.econ.berkeley.edu/-saez/TabFig2008.xls on Emmanuel Saez's website at University of California, Berkeley. Methodology