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Illustrating Income Inequality, Part 1: Shared Prosperity Gives Way to Income Disparities

The economic fortunes of the wealthy and everyone else have diverged sharply in recent decades.  It wasn’t always this way; from the end of World War II into the 1970s, income growth was shared equally among all segments of the population.  But, as we’ll illustrate in three animated graphs, most of the income growth in recent decades has occurred at the very top.  Here’s the first:

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