Soggy in NOLA
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- Jul 31, 2009
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CBO: Income Of The Top 1 Percent Exploded Over The Last Three Decades | ThinkProgress
CBO: Income Of The Top 1 Percent Exploded Over The Last Three Decades | The Congressional Budget Office today released a new report on the growth in income thats occurred in the U.S. over the last three decades. CBO found that, for the 1 percent of the population with the highest income, average real after-tax household income grew by 275 percent between 1979 and 2007, while it grew by just 18 percent for the bottom 20 percent of the income scale. As a result of that uneven income growth, the distribution of after-tax household income in the United States was substantially more unequal in 2007 than in 1979, CBO said.
So fucking what?
I think she somehow thinks that these figure will somehow justify the legalized Robbery she wants to engage in.
Sadly, you're more than likely correct.