Rachel Maddow gets it wrong again. No wonder progressives hate the right! They build false or misleading story lines (straw-men), and then attack this lie as if it were a truth:
NewsBusters has this and more on their piece on this absurdity from the MSNBC crowd:
According to the Census Bureau, the median income for men in 1980 was $12,530 per year. This grew to $20,293 in 1990 – a 62 percent increase. For women, this figure went from $4,920 in 1980 to $10,070 in 1990 – a 105 percent jump.
This means that the median income for the entire population in that decade rose at roughly the same rate as Maddow claimed the income for the top one percent did.
Makes you wonder just how often this MSNBC commentator so badly misrepresents economic data on her show.