Monday, March 5, 2012

The Richest 1 Percent Captured 93 Percent Of Income Gains In 2010

The Richest 1 Percent Captured 93 Percent Of Income Gains In 2010: pThough the economy is slowly recovering from the Great Recession, large swaths of the American public are still bogged down by joblessness, underwater mortgages, and falling incomes. In fact, “between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell 6.7 percent, to $49,909.” But as the Roosevelt Institute’s Mike [...]/p