Slide 4
Using a different deflator doesn’t change the fact that most of the growth is at the very top, 1979–2018
| Year | Bottom 90% | Top 1% | Top 0.1% |
|---|---|---|---|
| 1979 | 0.0% | 0.0% | 0.0% |
| 1980 | -1.8% | 3.8% | 6.2% |
| 1981 | -1.8% | 4.0% | 8.2% |
| 1982 | -2.7% | 10.9% | 18.9% |
| 1983 | -2.4% | 15.1% | 30.3% |
| 1984 | -0.2% | 22.7% | 46.5% |
| 1985 | 0.7% | 25.0% | 48.1% |
| 1986 | 2.3% | 34.3% | 62.8% |
| 1987 | 3.7% | 55.9% | 109.8% |
| 1988 | 3.5% | 70.9% | 143.3% |
| 1989 | 3.1% | 65.4% | 126.8% |
| 1990 | 2.9% | 67.7% | 134.0% |
| 1991 | 2.1% | 56.8% | 108.9% |
| 1992 | 3.5% | 77.6% | 160.9% |
| 1993 | 2.9% | 71.2% | 144.9% |
| 1994 | 4.0% | 66.6% | 131.3% |
| 1995 | 5.1% | 74.0% | 142.3% |
| 1996 | 7.0% | 84.0% | 164.4% |
| 1997 | 10.4% | 107.0% | 236.0% |
| 1998 | 15.2% | 121.1% | 268.3% |
| 1999 | 18.2% | 139.9% | 318.2% |
| 2000 | 21.4% | 157.9% | 361.0% |
| 2001 | 23.0% | 145.0% | 325.7% |
| 2002 | 23.2% | 123.0% | 261.9% |
| 2003 | 23.7% | 128.8% | 274.3% |
| 2004 | 23.9% | 143.4% | 315.3% |
| 2005 | 23.8% | 153.4% | 338.2% |
| 2006 | 25.3% | 163.5% | 360.0% |
| 2007 | 26.7% | 178.1% | 402.1% |
| 2008 | 27.0% | 160.0% | 347.7% |
| 2009 | 26.6% | 136.0% | 272.9% |
| 2010 | 25.7% | 151.9% | 312.4% |
| 2011 | 25.7% | 156.9% | 316.1% |
| 2012 | 26.1% | 173.1% | 370.6% |
| 2013 | 26.8% | 161.5% | 328.8% |
| 2014 | 28.7% | 174.9% | 367.7% |
| 2015 | 33.0% | 182.7% | 383.2% |
| 2016 | 33.9% | 174.5% | 354.0% |
| 2017 | 35.7% | 185.8% | 392.3% |
| 2018 | 38.1% | 187.3% | 391.1% |
Source: EPI analysis of Kopczuk, Saez, and Song (2010, Table A3) and Social Security Administration wage statistics
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