SallyStrange, 4 months ago The Reagan series Two graphs, on for USA and one for Western Europe. "Top 1% vs. Bottom 5o% national income shares, 1980-2016: Diverging income inequality trajectories" In the USA graph, Reagan's head points toward 1980, where the top 1% share of national income starts at around 10% and the bottom 50% share starts at about 21%. Halfway thru the ensuing years, they cross, and in 2016 the 1% take 20% of national income, while the bottom 50% share declines to about13% In the Western Europe graph, the top 1% share starts at 10%, bumps around, rises a bit to finish at 11%. The bottom 50% share of income starts at 24%, then declines gently to just above 20% Graph: Top Marginal Tax Rate from 1966 to 2014 Starts at 70%, finishes at 40%. Reagan's head points at the inflection point, 1980 - 82 Chart: Life Expectancy vs. Healthcare Spending Over Time, from 1970 to 2014 Chile, S. Korea, Israel, Greece, Spain, Italy, Australia, New Zealand, Finland, UK, France, Luxembourg, Canada, Austria, Belgium, Ireland, Germany, Denmark, Norway, Japan, Switzerland all follow similar upward trajectories. Reagan's face marks the inflection point roughly at 1985 where the USA began to get less and less life expectancy per dollar of healthcare spending
The Reagan series
Two graphs, on for USA and one for Western Europe. "Top 1% vs. Bottom 5o% national income shares, 1980-2016: Diverging income inequality trajectories" In the USA graph, Reagan's head points toward 1980, where the top 1% share of national income starts at around 10% and the bottom 50% share starts at about 21%. Halfway thru the ensuing years, they cross, and in 2016 the 1% take 20% of national income, while the bottom 50% share declines to about13% In the Western Europe graph, the top 1% share starts at 10%, bumps around, rises a bit to finish at 11%. The bottom 50% share of income starts at 24%, then declines gently to just above 20% Graph: Top Marginal Tax Rate from 1966 to 2014 Starts at 70%, finishes at 40%. Reagan's head points at the inflection point, 1980 - 82 Chart: Life Expectancy vs. Healthcare Spending Over Time, from 1970 to 2014 Chile, S. Korea, Israel, Greece, Spain, Italy, Australia, New Zealand, Finland, UK, France, Luxembourg, Canada, Austria, Belgium, Ireland, Germany, Denmark, Norway, Japan, Switzerland all follow similar upward trajectories. Reagan's face marks the inflection point roughly at 1985 where the USA began to get less and less life expectancy per dollar of healthcare spending