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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (687662)12/10/2012 10:58:16 AM
From: i-node  Read Replies (1) of 1578871
 
>> Considering the widening wealth gap, there's "plenty" of evidence for that isn't there?

The "widening wealth gap"?

Please explain why you believe it is "widening". In fact, the "widest" it has apparently been in recent times was in 1998.

Table 3: Share of wealth held by the Bottom 99% and Top 1% in the United States, 1922-2007.

Year 99% 1%
------ ------- -------
1922 63.3% 36.7%
1929 55.8% 44.2%
1933 66.7% 33.3%
1939 63.6% 36.4%
1945 70.2% 29.8%
1949 72.9% 27.1%
1953 68.8% 31.2%
1962 68.2% 31.8%
1965 65.6% 34.4%
1969 68.9% 31.1%
1972 70.9% 29.1%
1976 80.1% 19.9%
1979 79.5% 20.5%
1981 75.2% 24.8%
1983 69.1% 30.9%
1986 68.1% 31.9%
1989 64.3% 35.7%
1992 62.8% 37.2%
1995 61.5% 38.5%
1998 61.9% 38.1%
2001 66.6% 33.4%
2004 65.7% 34.3%
2007 65.4% 34.6%

Sources: 1922-1989 data from Wolff (1996). 1992-2007 data from Wolff (2010).
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