The Chart Behind the President's Latest Speech on Inequality
by Institute for Policy Studies on Dec 4, 2013 | Views: 213 | Score: 2
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toomuchonline.org, elsa.berkeley.edu
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by Institute for Policy Studies on Dec 4, 2013 | Views: 213 | Score: 2
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Last year, for the first time in modern times, America's top 10 percent collected over half the nation's income, as President Obama noted December 4 in an address that assailed the nation's current inequality. The main driver of this redistribution upwards: the rising income share of America's top 1 percent.