Interesting but true. Despite what politicians and the occupy protestors are telling us, "income inequality" has actually decreased in the past three years.
The top 1% of income earners earned 16.9% of all income in 2010, but in 2008 the top 1% earned 20% of all income. And the number of American millionaires has fallen 39% since 2007. And the number of people earning more than $10Million/year has fallen 55% since 2007.
Interestingly, as the number of "rich" has decreased and equality has increased, this country has had high unemployment and very slow (or no) growth. Now, I recognize that this might be both correlation and causation, but it remains very interesting.
From HERE.
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