You can see right where the energy crisis hit in 73. Then a bit of rebound under Carter, then a drop and flat line when Reaganomics kicked in.
this post was submitted on 18 Jun 2025
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For anyone who would like more background on how this chart came to look this way, "Requiem for the American Dream" is free on YT: https://youtu.be/WEnv5I8Aq4I
Spoiler alert: this disparity is the result of a coordinated effort in response to an "overabundance of democracy." Another great read on how we got here is "Evil Geniuses" by Kurt Anderson.