http://blogs.wsj.com/wealth/2011/09/16/the-top-5-grabbed-most-of-the-americas-gains/
"A new chart from the Economic Policy Institute, using data from NYU Economist Ed Wolff, shows that more than 80% of the nation’s wealth gains between 1983 and 2009 went to the wealthiest top 5%. The top 1% gained 40% of the nation’s total wealth gain, while the next 4% gained 41.5%.
"The share of wealth held by the bottom 60% dropped 7.5%."
There's more of the same information out there. Your selective use of irrelevant numbers demonstrates an intentional effort to deceive.
Now, do you want to try again to refute #1? It's a completely obvious premise, impossible to deny using facts and if I were you I'd give it up.
Flame » in reply to More steaming dementia than fiction.
WSJ - "80% of the nation’s wealth gains between 1983 and 2009 went to the wealthiest top 5%."
The whole thread (25 posts)
- Implications of the Conservative philosophy.
- Seriously?.
- I asked you before to check the numbers against TBs characterizations.
- The ironic part...
- It sure smells like it.
- You're clearly still living in the BDS era...
- On Rainwater Collection
- Pure fiction. n/t
- Seriously?.
