Charts: How the One Percent Doubled Their Income

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If you’re looking for stats on the growing gap between the 99 percent and the 1 percent, the Congressional Budget Office is a good place to start. The staid bipartisan number-crunching agency is the source of some of Mother Jones‘ ever-popular (and poster-izable!) income inequality charts. Now the CBO has a new report full of data whose takeaway, Kevin Drum notes, is pretty simple: “The rich are getting richer, the rest of us are just kind of drifting along.”

Here are a couple charts that illustrate the trend. First off, a look at how wealth has been steadily redistributed upward over the past 30 years (hover over a column to see more data):

Hover over a column to see more data.

The richest Americans have seen a nearly 120 percent increase in their income since the late ’70s. Meanwhile, the middle quintile of earners have seen their incomes grow 30 percent (hover over a column to see more data):

 Hover over a column to see more data.

Want more charts like these? See our charts on the secrets of the jobless recovery, the richest 1 percent of Americans, and how the superwealthy beat the IRS.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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