Shady's Port-O-Pulpit

Gonzo Evangelizing In The Kali Yuga Since 1969

Monday, February 27, 2006

class warfare anyone?

Between 1972 and 2001 the wage and salary income of Americans at the 90th percentile of the income distribution rose only 34 percent, or about 1 percent per year. So being in the top 10 percent of the income distribution, like being a college graduate, wasn't a ticket to big income gains.

But income at the 99th percentile rose 87 percent; income at the 99.9th percentile rose 181 percent; and income at the 99.99th percentile rose 497 percent. No, that's not a misprint.

0 Comments:

Post a Comment

<< Home