I know that a bunch of folks are apopleptic(sp?) about Bush Jr.'s affect on the economy, how he's ruining lives, etc., but the latest treasury data shows just the opposite affect during the last 9 years (an implied nod to Clinton too). "The rich get richer and the poor get poorer" isn't born out by the tax data. It's more like "the poor get richer, the middle gets richer, some of the rich get richer, and the really rich get poorer", as shown in the chart below.
If you were to ask my opinion, I'd guess that it's because the rich make their money via investment, aka putting their dollars at risk, rather than labor. Anyway, here's the chart -- note that this's
median income, not
mean income, which is much better news than if it were the converse.
UPDATE: should have checked the data better, the originating article isn't substantiated.
