Posted by | August 16, 2011 11:46 | Filed under: Top Stories

by Stuart Shapiro

I certainly won’t spend a thousand words explaining this wonderful chart from Larry Bartels.  Basically, income growth is continually stronger under for all income groups under Democratic presidents (it is about equal for the highest income groups) and inequality increases markedly under Republican presidents.

And if Rick Perry becomes President?  Here is another picture showing how his “tax the poor” strategy has played out in Texas.

In other words, more of the same of what we’ve gotten from Republicans over the past 60 years.  Slow growth and growing inequality.

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Copyright 2011 Liberaland
By: Stuart Shapiro

Stuart is a professor and the Director of the Public Policy
program at the Bloustein School of Planning and Public Policy at Rutgers
University. He teaches economics and cost-benefit analysis and studies
regulation in the United States at both the federal and state levels.
Prior to coming to Rutgers, Stuart worked for five years at the Office
of Management and Budget in Washington under Presidents Clinton and
George W. Bush.