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Tuesday, August 17, 2004

data on the income gap

Income Gap Up Over Two Decades, Data Show [ap via abc news, august 17, 2004]

The wealthiest 20 percent of households in 1973 accounted for 44 percent of total U.S. income, according to the Census Bureau. Their share jumped to 50 percent in 2002, while everyone else’s fell. For the bottom fifth, the share dropped from 4.2 percent to 3.5 percent.

just a little data point to add to the thread.

posted by roj at 1:59 pm