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Income redistribution

Reader comment on item: Why the Left Loves Osama [and Saddam]

Submitted by Bruce (United States), Aug 23, 2003 at 00:20

...US income distribution became far less equal in the decades following 1948. Specifically: income distribution became more equal until the 1968-1970 period when - reinforcing the cliche that 'republican politicians can't manage money' - Richard Nixon's "Guns and Butter" policy during the Vietnam War kicked off the start of a seismic income redistribution shift in the US which has continued (and accelerated) to this day.
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