Friday, August 14, 2009

Zen Moment for Friday

In numbers that Paul Krugman has called "truly amazing," a recently updated paper by a Berkeley economist finds that income equality in the U.S. is at an all-time high, surpassing even the inequities of the Depression. Professor Emmanuel Saez found that, during the feed-the-rich Bush years of 2002-2007, the top 1 percent of Americans enjoyed two thirds of the income growth. See graph below:

- Common Dreams

http://krugman.blogs.nytimes.com/2009/08/13/even-more-gilded/

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