Chart 1 (source St. Louis Fed) shows the fortunes of corporate plutocrats versus labor in the post 911 war on terrorism without sacrifice period. Speaks for itself, although the sustainability of this is questionable. A comparison to the second term (1997-2001) Clinton era is illustrative, and one to take note of, if a Democrat election rout is forthcoming.
The Personal Savings Chart speaks for itself.Hat tip to E.L.
Technorati tags: Personal Income, Personal Savings, Economic Trends, US Economy, Bush, news, commentary
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