The Sad Legacy of Compromise Democrats

The most common way to follow the money in today's economy and track winners and losers is with the Gini Index.

The most common way to follow the money in today's economy and track winners and losers is with the Gini Index. It measures the degree of income disparity, where higher numbers represent wider gaps from rich to poor. As shown in the chart below, Gini has been on a steady rise since 1967. This rise has largely persisted through Republican and Democratic administrations.

To bring the picture into sharp relief, I take a different tact. Now I calculate change in Gini for each administration, and sort them with the best administration on the far left (Johnson) and the worst administration on the far right (Reagan).