Re:Our Broken Economy, in One Simple Chart
by damon_c on Tuesday August 08, 2017 @01:05PM
(#14959887)
Yes.
The biggest % change was during the years 2003-2008 and as far as I can tell the chart peaked in 2011 and receded slightly after that.
Also, changing the tide will required the combined desire of a sitting president and congress to make it happen. The democratic congress of 08-10 was, at best, a neoliberal shitshow. They had no desire to correct this course.
Take a look at the animated graph in the middle of the article. There was a lot of movement under Clinton and Bush Jr. as well. Obama didn't fix it, of course (or even stop it), but it's not fair to single out Obama for your scorn.