From the Delaware Liberal, where site owner Jason Scott refuses to allow me to comment because I always show him up1:
Delaware is First in something else not to be proud of….
Filed in National | by Delaware Dem | on January 27, 2015
….and that is in states with the most uneven and unequal economic recovery. According to a new research paper released yesterday by the Economic Policy Institute, in 39 states, the top 1% of wage earners earned at least half of all income gains between 2009 and 2012. In 17 of those states, the top 1% earned all income growth, while everyone else’s wages stayed stagnant or declined.
But where did the 1% gain the most?
You guessed it.
The Great State of Delaware.
In Delaware, between 2009 and 2012, real income growth in all incomes increased by 0.7%. However, when incomes are divided into the top 1% of incomes versus the bottom 99%, things change. Between 2009 and 2012, wages actually decline for the bottom 99% by 1.6%, while increasing during the same time period for the top 1% by…. wait for it….. 15%!
That means the top 1% gets 301% of all income growth over the three years between 2009 and 2012. That means the top 1% earned THREE TIMES THEIR UNFAIR SHARE OF 100% OF ALL INCOME.
And it gets worse. Since 1979, in all economic expansions this state has experienced, the top 1% has captured 110.9% of all income growth. The bottom 99% saw their wages decline by 10.9% during that same time period. Before 1979, the statistic was reversed. 108.1% of all income growth went to the bottom 99% prior to 1979.
So, thank you President Reagan, the murderer of the middle class.
That’s the whole article, and, quite naturally, what Hube refers to as the Liberal Gaggle of Moonbat Bloggers blames it on the Republicans.
But, let’s look at the map that Delaware Dem provided: it seems that in the far-right state of Texas, that which so horrifies Delaware Dem is pretty far down the scale. Mississippi and Kentucky and Indiana and North Dakota and Montana and Alaska, all solidly red states,2 are in the second lowest category, while the lowest category holds West Virginia, another red state which went redder still in the 2014 elections.
As for the more unequal states, your Editor notes that they are dominated by the blue states: California, Pennsylvania, Delaware, New York, Massachusetts,3 Connecticut, Rhode Island, the District of Columbia, and blue-due-to-heavy-federal-government-employee Virginia.
These aren’t exact comparisons, of course: there are variations by state, as the Carolinas show greater progress by the top producers, and Missouri is just an outlier by almost any standard, while very blue Hawai’i and Vermont are on the lower end of the scale. But if DD is going to complain that his home state is a bastion of inequality, if he were to look at the map he posted, honestly, he’d start to see the same pattern I did.
Could it possibly be that the policies advocated and put in place by more conservative state governments4 have something to do with income growth being shared a bit more than seems to be the case, generally speaking, in the more liberal states?
- This is not something I regard as a great accomplishment; showing up Mr Scott is something a seventh grader could do. ↩
- John Hitchcock’s objections beside the point, I accept the “red state” designation for those carried by Republican presidential candidates. ↩
- Home of the Delaware Liberals’ favorite Senator, Elizabeth Warren, who tells us that taxes must be raised on the top producers but famously declined to pay a higher state tax rate voluntarily when she had the chance. ↩
- Kentucky’s state government is primarily Democratic, but they are more conservative Democrats than we see in the national party. ↩