Create an Account
username: password:
 
  MemeStreams Logo

Did federal government policy create the Great Divergence? (1) - By Timothy Noah - Slate Magazine

search

ubernoir
Picture of ubernoir
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

ubernoir's topics
Arts
  Literature
   Fiction
   Sci-Fi/Fantasy Literature
Business
Games
Health and Wellness
Home and Garden
Miscellaneous
Current Events
Recreation
Local Information
  Events in Washington D.C.
Science
  Astronomy
  Space
Society
  International Relations
  History
Sports
  Football
Technology
  Computers

support us

Get MemeStreams Stuff!


 
Did federal government policy create the Great Divergence? (1) - By Timothy Noah - Slate Magazine
Topic: Miscellaneous 11:23 am EDT, Sep 11, 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

Did federal government policy create the Great Divergence? (1) - By Timothy Noah - Slate Magazine



 
 
Powered By Industrial Memetics
RSS2.0