Friday, September 20, 2013

Recommended Reading

Edward McClelland eulogizes the middle class in this country:
Between 1970 and today, the share of the nation’s income that went to the middle class – households earning two-thirds to double the national median – fell from 62 percent to 45 percent. Last year, the wealthiest 1 percent took in 19 percent of America’s income – their highest share since 1928. It’s as though the New Deal and the modern labor movement never happened.
Read the rest here.

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