First, a release issued by CBPP on 9/10/09 has this to say about the state of our economy:
"Poverty increased, median household income fell, and the percentage of Americans with employer-based health coverage continued to decline in 2008...."
Seems "trickle down" never worked all that well for those on the down-side of the policies.
However, there was good news in a release issued by CBPP on 9/9/09 - for the top income earners:
"Two-thirds of the nation’s total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households, and that top 1 percent held a larger share of income in 2007 than at any time since 1928..."
Seems Bush/Cheney knew how to enact policies that really rewarded their base - at the expense of everyone else.
Links to the releases below....
Poverty Rose, Median Income Declined, and Job-Based Health Insurance Continued to Weaken in 2008 - Recession Likely to Expand Ranks of Poor and Uninsured in 2009 and 2010
Top 1 Percent of Americans Reaped Two-Thirds of Income Gains in Last Economic Expansion - Income Concentration in 2007 Was at Highest Level Since 1928, New Analysis Shows