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Items tagged with: WealthInequality

Ronald Reagan’s real legacy, charted and graphed. Spoiler: It’s not the bedtime story we’ve been told. A visual breakdown of the inequality, debt, and mass incarceration still shaping our lives. 'Trickle-down' economics was never real. #economics #politics #reagan #WealthInequality #TrickleDown
Collage of 7 charts, 8 graphs, each featuring trends in various socioeconomic data over time w/Ronald Reagan’s face & arrows highlighting specific years in 1980s: 1. Top-left: line graph titled "Income Gains Widely Shared in Early Postwar Decades – But Not Since Then." Shows real family income for top 5%, median, & bottom 20% from 1947 to 2017 as percentage of 1973 levels. Reagan’s face is placed near early 1980s when income disparities start to widen. 2. Top-center: graph titled "Life Expectancy vs. Healthcare Spending Over Time, from 1970 to 2014." U.S. trajectory is highlighted, showing high healthcare costs w/limited life expectancy gains compared to other countries. Reagan’s face marks 1985, point where U.S. curve notably diverges. 3. Top-right: line chart titled "Top Marginal Tax Rate from 1966 to 2014." Chart shows a steep drop in top tax rate during Reagan’s presidency in 1980s, indicated by his face & an arrow. 4. Middle-left: graph from Federal Reserve titled "Federal Debt: Total Public Debt as Percent of Gross Domestic Product." Reagan’s face marks early 1980s, where federal debt as a percentage of GDP begins a sharp rise. 5. Bottom-left: chart titled "United States Debt in 2014 Dollars & as Percent of GDP," showing significant increase in both metrics during Reagan’s presidency, marked w/his face & an arrow. 6. Bottom-center: line chart comparing percent increase since 1970 in tuition & fees, median household income, & minimum wage in Illinois. Reagan’s face marks the early 1980s, where tuition & fees begin to outpace income & wage increases dramatically. 7. Bottom-right: 2 graphs about incarceration: - 1st graph, titled "Incarcerated Americans 1920-2014," shows a sharp rise in prison populations starting in 1980s, marked w/Reagan’s face and an arrow. - 2nd graph, titled "U.S. State & Federal Prison Population, 1925-2013," notes Reagan’s launch of the "War on Drugs" in 1980s as a key factor in the prison population surge.
#politics #economics #trickledown #reagan #WealthInequality

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