Juan Cole, Informed Comment: If American Land were Distributed the way American Wealth Is

If American Land were Distributed the way American Wealth Is
by Juan Cole.October 27, 3011

The Congressional Budget Office confirms that the top 1% has tripled its income since 1979, while the upper middle class has increased its wealth much more modestly, and the rest of the country has seen only a small gain

Just to be clear, the 1% are about 3 million, the 9% are about 27 million, and everyone else crowded into that little torrid strip is about 278 million.

 

courtesyhttp://27.media.tumblr.com/tumblr_ltlc07b69D1qj171uo1_500.jpg

 

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