Article: A CHOICE, NOT AN ECHO.(Brief Article)

Scott McConnell provides a fascinating demographic snapshot of the United States in the September 18 New York Press (www.velocitynyc.com/nypress): "The richest 1% of Americans now have as much after-tax income as the lowest 38%--more than double the ratio that existed in 1977. The data also show that four out of five American households have a smaller slice of the national economic pie than they did 20 years ago. The share of the top one-fifth grew, 90% of the growth going to the richest 1%. The social consequences of the rise in the shares of the rich are softened by a general expansion of the economic pie, but the poor have not even benefited from that. Their real ...

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