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Why does the graph stop at 2007? I don't think this graph proves what you purport it to say because it ignores the housing market crash.

The figure comes from a Congressional Budget Office report entitled
"Trends in the Distribution of Household Income Between 1979 and 2007", Pub. No. 4031, October 2011.
The label on the vertical axis is Percent

The figures come from the Congressional Budget Office. The graph, however, was generated by someone.
My questions are: Why did the graph maker, manipulating the data, choose to specifically exclude the last 5 years -- that includes the recent economic downturn? What would the graph look like if it contained the complete data? What agenda are they pushing?

La_resistance wrote:The figures come from the Congressional Budget Office. The graph, however, was generated by someone.
My questions are: Why did the graph maker, manipulating the data, choose to specifically exclude the last 5 years -- that includes the recent economic downturn? What would the graph look like if it contained the complete data? What agenda are they pushing?

Well it would certainly look a lot worse but the fiqures would be disputed because it would not have come from an official source.

I would bet that you're wrong. Historically, economic downturns have a way of lowering the gap between the rich and the poor.