Income inequality is at an all-time high: Study

Emmanuel Saez has come out with a new research paper on the income gap in the US. The paper won’t surprise most people, namely, since the 1990′s, income inequality in the US has steadily increased. Since the numbers are through 2007, they do not account for the current financial situation. Updates will be interesting, since high income households own a disporportionate amount of the financial wealth, real estate wealth, and private equity in the country. That being said, the numbers are truly staggering. Even Paul Krugman thoughts so.

http://www.huffingtonpost.com/2009/08/14/income-inequality-is-at-a_n_259516.html

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