Jun 30 2016

The math on income inequality: Average annual income of the top 1% is $1,153,293 while that of the bottom 99% is $45,567.

Part of the challenge with distorted income distributions is that it hollows out the middle class.  The middle class in the United States is now a minority.  We have more people making higher incomes and more people making way less and this group is growing much faster.  Our economy has taken a bimodal distribution with […]

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