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Incomes Flat In Recovery, Except For The 1%

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Published on Feb 19, 2013

Incomes rose more than 11 percent for the top 1 percent of earners during the economic recovery, but not at all for everybody else. The numbers show overall income growing by just 1.7 percent over the period. But there was a wide gap between the top 1 percent, whose earnings rose by 11.2 percent, and the other 99 percent, whose earnings declined by 0.4 percent.
Read the full story here:
http://www.nytimes.com/2013/02/16/bus...
Gap widest since 1917:
http://wsws.org/en/articles/2009/08/p...
Capital gains the biggest driver of income inequality:
http://www.washingtonpost.com/blogs/w...

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