ANOTHER EDITION OF "WHO BENEFITS FROM VOODOO ECONOMICS?"

I chose this graph because it comes from the Wall Street Journal and that makes it harder for the wingnuts to dismiss as just propaganda from the "liberal media."

Trapped in the Middle
The incomes of most Americans have stalled.

Tackling voter angst in Pennsylvania.
By JUSTIN LAHART and KELLY EVANSApril 19, 2008; Page A1

WALL STREET JOURNAL

LANCASTER, Pa. -- Are you better off than you were eight years ago? For a growing number of middle-class Americans, the answer is "No."

Here and elsewhere, middle-class earnings aren't keeping up with the cost of living. Rising gasoline and food prices, health bills, child-care and education costs are leaving less to set aside for retirement. With the housing market in turmoil, even the asset many had come to count on -- the value of their homes -- is threatened.

Middle-class incomes have been stagnant for several years. The well-heeled keep doing better, with the wealthiest 1% of U.S. families garnering the largest share of income since 1929.