The Reagan Revolution – In Charts

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Look at a chart of almost anything and around 1981 or soon after you'll see the chart make a sharp change in direction, and not in a good way. And I really do mean almost anything, from economics to …

Look at a chart of almost anything and around 1981 or soon after you'll see the chart make a sharp change in direction, and not in a good way. And I really do mean almost anything, from economics to trade to infrastructure to ... well almost anything. I spent some time looking for charts of things, and here are just a few examples. In each of the charts below look for the year 1981, when Reagan took office.

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  • 1. The Reagan Revolution – In Charts
  • 2. Look at a chart of almost anything and around 1981 or soon after you'll see a sharp change in direction.
  • 3. In each of the charts below look for the year 1981, when Reagan took office.
  • 4. Conservative policies transformed the United States from the largest creditor nation to the largest debtor nation in just a few years, and it has only gotten worse since then:
  • 5. Working people's share of the benefits from increased productivity took a sudden turn down.
  • 6. This resulted in intense concentration of wealth at the top.
  • 7. And forced working people to spend down savings to get by.
  • 8. Which forced working people to go into debt (total household debt as percentage of GDP).