Where Has Middle Class Income Gone?
Where Has All the Income Gone? Middle American incomes rise substantially even while inequality increases Terry J. Fitzgerald - Senior Economist September 2008
Almost all the benefits of economic growth since [the 1970s] have gone to a small number of people at the very top. —Robert Reich, Financial Times, Jan. 29, 2008
Since the mid-1970s, however, income growth has been confined almost entirely to top earners. —Robert H. Frank, New York Times, March 9, 2008
The modern American economy distributes the fruits of its growth to a relatively narrow slice of the population. —David Leonhardt, New York Times, April 9, 2008
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