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Labor quote for the week of October 3, 2011 “Between 1979 and 2005 the inflation-adjusted income

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-09-11 10:03 AM
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Labor quote for the week of October 3, 2011 “Between 1979 and 2005 the inflation-adjusted income

http://www.unionist.com/big-labor/labor-quote

“Between 1979 and 2005 the inflation-adjusted income of families in the middle of the income distribution rose 21 percent…. Meanwhile, the income of the very rich, the top 100th of 1 percent of the income distribution, rose by 480 percent… from $4.2 million to $24.3 million. So do the wealthy look to you like the victims of class warfare?”

-- Economist Paul Krugman in the New York Times

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