Saturday, October 22, 2016

Unexplained



2 comments:

jim said...


That graph is pretty easy to explain

The increase in disposable income is not coming from labor.

One reason is taxes.
Since WW2 taxes went up on labor (payroll tax increased something like 1000%) while taxes on non-labor income went down.

The Arthurian said...

"The increase in disposable income is not coming from labor."

I guess I just always assumed that it was coming from labor. But you must be right that it is not.