The Disequilibria blog has a post up that neatly breaks down all of the income gains for the last 10 years or so.
They all went to the top .1% of earners. The top one tenth of one percent. They made great fistfuls of money.
The rest of us are poorer. This is why we're in a recession/rapidly shading to depression. No one has any money to buy anything but for a handful of aristocrats.
The blog Naked Capitalism has more, here, "58% of real income growth went to top 1% since 1976."
It is often said that before you die your life passes before your eyes. It is in fact true. It's called living. -Terry Pratchett
No comments:
Post a Comment