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Sunday, March 30, 2014

A Look Inside the '1 Percent'!

How You, Me and Everyone Got the Top 1 Percent All Wrong (Derek Thompson) from the Atlantic
"Unveiling the real story behind the richest of the rich. ... when you look inside the 1 percent, you see clearly that most of them aren't growing their share of wealth at all. In fact, the gain in wealth share is all about the top 0.1 percent of the country. While nine-tenths of the top percentile hasn't seen much change at all since 1960, the 0.01 percent has essentially quadrupled its share of the country's wealth in half a century."

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