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Sunday, June 19, 2011

With executive pay, rich pull away from rest of America - The Washington Post

An interesting Washington Post article on the growing economic disparity in the nation:

An excerpt:

For years, statistics have depicted growing income disparity in the United States, and it has reached levels not seen since the Great Depression. In 2008, the last year for which data are available, for example, the top 0.1 percent of earners took in more than 10 percent of the personal income in the United States, including capital gains, and the top 1 percent took in more than 20 percent. But economists had little idea who these people were. How many were Wall street financiers? Sports stars? Entrepreneurs? Economists could only speculate, and debates over what is fair stalled.



The complete article:

With executive pay, rich pull away from rest of America - The Washington Post:

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