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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Did federal government policy create the Great Divergence? (1) - By Timothy Noah - Slate Magazine. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Did federal government policy create the Great Divergence? (1) - By Timothy Noah - Slate Magazine
by janelane at 12:35 pm EDT, Sep 10, 2010

In 1915, ...the richest 1 percent possessed about 15 percent of the nation's income....Today, the richest 1 percent account for 24 percent of the nation's income.

I haven't yet fact/back-checked all of the authors figures, but so far this is turning out to be a fascinating piece of journalism. Somewhat depressing, of course, but it contextualizes what we already know about stagnate real wages, income disparities in light of tax breaks for ultra-rich people, etc.

-janelane

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