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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (38486)10/5/2005 11:18:13 AM
From: CalculatedRisk  Read Replies (2) | Respond to of 116555
 
The last time America had this level of income inequality was in '29!

And from that NY Times article, only the top 1% is keeping up with measured inflation in '03:

"For the bottom 99 percent of taxpayers, income rose by slightly less than 2 percent, which was below the inflation rate of 2.3 percent."