In response to:

Income Skew During the Recovery

Polly1 Wrote: Feb 16, 2013 11:29 AM
I'm sorry but aside from a few of the homeless who are genuinely unable to care for themselves, EVERYONE in America is rich, at least compared to any other country. Who cares if some are much richer than others? Income disparity would seem to be the least of our problems, at least if there weren't politicians screaming loudly about the inequity of it all.
abaptism Wrote: Feb 16, 2013 1:28 PM
You are going to care. Because the tyranny we are experiencing will only get worse as desperate people begin to behave like the prisoners on that Carnival Cruise - in line for dwindling supplies.

It's one thing if the rich in America got there on a level playing field. This small business owner knows differently.

I've been self employed since college. Big business and big government work together, to increase their muscle and money... at the expense of the 98%.

I'm no welfare queen.

I know quite well that GE [who pays no taxes] - uses government to enlarge their market share, destroy enemies and garner tax benefits that the rest of us can never enjoy.

Ditto for every multi national.. They are the enemy
modernmover Wrote: Feb 16, 2013 11:17 PM
Well, really the liberals think that everyone thinks the same, has the same work ethic, and makes the same rational decisions. Some just get lucky, (the rich) and some are just unlucky, (the poor). In reality, the rich work harder, sacrifice more and make smarter decisions. These "poor" people, (I have found) can not stand a little prosperity. There is a reason they are poor: they make bad decisions. Go to any convenience store at 7:00 am, and you will find the minimum wage worker buying their breakfast there, paying more for their 2 hot dogs and large mountain dew, than I spend making breakfast of eggs and bacon for me AND the wife for a week. And, by the way, you can also find a lot of overweight kids in there buying "bear claws" as well.
modernmover Wrote: Feb 16, 2013 11:19 PM
More than likely, the parents send the kids out with the EBT card for their bear claw or donut breakfast so they don't have to get out of bed until the crack of noon.

I have spoken many times about "income skew" during the recovery. However, I was never able to precisely quantify the "skew". It's now possible, thanks to many readers who sent a link to a Huffington Post article on Income Gains During the Recovery.

The original source of the data is a study Striking it Richer: The Evolution of Top Incomes in the United States by Emmanuel Saez.

From 2009 to 2011, average real income per...

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