This guy really thinks I care who tweeted the graph and not the actual graph itself.https://twitter.com/ikepigott/status/942879445282672640 …
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If you want to include debt, then do so. But it is not a factor in that animated GIF, which was produced for an FT article a couple of years back. Looking just at income, overall everyone is doing better.
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It actually demonstrates that the progress from 1971 to 2001 was halted, and we’ve regressed except for the 1%. Yes we are better off than in 1971, but we are trending backward now.
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