equality, income inequality, poverty

Income Inequality (8): Income Inequality in the U.S. Under Democratic and Republican Presidents

Partisan differences in macroeconomic priorities and performance have clearly had a very significant impact on the economic fortunes of American families over the past half century. Larry Bartels

In this post, I described the rise in income inequality in the U.S. during the past decades. Using Census Bureau data covering the period from 1948 to 2005, Larry Bartels’ book, Unequal Democracy, suggests that there is a much more egalitarian pattern of income growth under Democratic presidents than under Republican ones. So with Obama taking office, there is a possibility that the rise in income inequality will stop or even be reversed. At least his promised tax policies will, if implemented, be more egalitarian than McCain’s would have been (see here). Those who wonder why income inequality is a human rights issue can have a look here.

income inequality in the us under democratic and republican presidents

(As Mark Thoma points out here, this is more true for the first half of the period than for the second half).

income growth under republican and democratic presidents

(source)

More on income inequality here, here, here and here.

Standard

9 thoughts on “Income Inequality (8): Income Inequality in the U.S. Under Democratic and Republican Presidents

  1. Pingback: Income Inequality, Why Should We Care? « P.A.P. Blog - Politics, Art and Philosophy

  2. Pingback: Human Rights Quote (128): Social Mobility in the U.S. and Britain « P.A.P. Blog – Politics, Art and Philosophy

  3. Pingback: Human Rights Facts (127): Income Inequality in the U.S., Ctd. « P.A.P. Blog – Politics, Art and Philosophy

  4. Pingback: The Moral Significance of Income Inequality « P.A.P. Blog – Politics, Art and Philosophy

  5. Pingback: Rising Poverty and Falling Income in the U.S. « P.A.P. Blog – Politics, Art and Philosophy

  6. Pingback: Income Inequality: No Such Thing – Good Thing – Necessary Evil – Gone Thing? « P.A.P. Blog – Politics, Art and Philosophy

  7. Pingback: Political Jokes & Funny Quotes (65): Santa Claus Discriminates « P.A.P. Blog – Human Rights Etc.

  8. Pingback: Human Rights Maps (92): Income Inequality in the U.S., 1969-2007 | P.a.p.-Blog, Human Rights Etc.

  9. Pingback: The Causes of Wealth Inequality (6): Minimum Wage Decline and Tax Policy | P.a.p.-Blog, Human Rights Etc.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s