Who Stole my Cheese?

Steven Pearlstein in the Washington Post has an interesting article Our Inequality of Outcomes.

In the article, he discusses recent Census and Congressional Budget Office data to explain:
But over the past 35 years, the typical American household has managed to eke out only a 15 percent increase in its pretax income. During that same period, the productivity of the American worker -- the value of the goods and services produced per hour worked -- has increased by 90 percent.

So where did all that money go?

Pearlstein explains the failures of the Bush, Republican and McCain tax plans that favored the rich over the poor (and explains it better than I normally do).

He also cuts through the criticisms and explains the merits of Obama's tax plans.

The article is very illuminating.