[expat_panama]

"income gains have been declining in all income brackets...   ...because they are locked in a losing labor arbitrage battle with places like Red China..."

If this is true, then it's got to be the fault of Chairman Mao becuase Chinese haven't hurt incomes a bit since the mid 80's (you can get your free Fed graph here)..

By the way -- we had a similar income-rate drop back in the 50's.  Who's fault was that?

[Toddsterpatriot]

Yeah, but if you add 4% to the inflation rate (don't ask why you would), things would look much worse.