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Repiglican Roast

A spirited discussion of public policy and current issues

Name: TheFuriousGourmet

Location: The mouth of being

I'm furious about my squandered nation.

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Sunday, July 16, 2006

Left Behind Economics

[...]
even if you exclude capital gains from a rising stock market, in 2004 the real income of the richest 1 percent of Americans surged by almost 12.5 percent. Meanwhile, the average real income of the bottom 99 percent of the population rose only 1.5 percent. In other words, a relative handful of people received most of the benefits of growth.
[...]

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