Wednesday, February 23, 2011

Where is all the Money going?

This was taken from this a website. It's just copied and pasted excerpts of some interesting details.
http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph

How Rich are the Superrich?
A huge share of the nation's economic growth over the past 30 years has gone to the top one-hundredth of one percent, who now make an average of $27 million per household. The average income for the bottom 90 percent of us? $31,244.
Your Loss, Their Gain
How much income have you given up for the top 1 percent?
 
Out of Balance 
A Harvard business prof and a behavioral economist recently asked more than 5,000 Americans how they thought wealth is distributed in the United States. Most thought that it’s more balanced than it actually is. Asked to choose their ideal distribution of wealth, 92% picked one that was even more equitable. 

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