Great Recession: Great for Our Top 1%


by Institute for Policy Studies on Sep 9, 2013 | Views: 129 | Score: 0
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Institute for Policy Studies
Institute for Policy Studies on Sep 9, 2013 7:24 AM said:

Back in 1996, the developed world's top 10 percent took home 8.9 times the income of the bottom 10 percent. That gap in 2010: 9.8 times. Over those same years, the Organization for Economic Cooperation and Development reports, the U.S. gap between top and bottom 10 percent rose from 12.5 to 15.9 times.