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Income Skew During the Recovery

S.17 Wrote: Feb 16, 2013 12:13 PM
"Top 1% incomes grew by 11.2% while bottom 99% incomes shrunk by 0.4%." They didn't shrunk. They shrank.

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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