Unless you've got a real big yatch your tides not coming in...

[samplegirl]

Historically speaking, then, here’s what we’ve got:

Top 10%: income share stagnant since 1983.
Top 5%: Income share stagnant since 1995.
Top 1%: Still rocking and rolling!
This is all pretty rarefied atmosphere, of course. Here’s Saez:

2005 shows a very large increase in income concentration: the top 1% gains 14% in real terms from 2004 while the bottom 99% gains less than 1%….The striking thing about 2003-2005 is the huge increase at the top with quasi-stagnation below the top 1%. In the late Clinton years, the top gained enormously but at least the bottom was also making progress.

Median wages have been stagnant since the mid-70s. Today, the wages of everyone below the top 1% are stagnant. As Andrew Tobias likes to say, it’s a grand time to be rich and powerful in America.

[Buzz Clik]

1. The thneeds stole my yatch.

Luckily, I still have my wumbus and yuzz-ma-Tuzz.

[cwydro]

2. Hey!

My yatch is not that big. I mean when I wear this one pair of pants, OK, it looks bigger, but really it is a pretty small yatch.

[MissB]

8. .

:spray:

[Rosemary2205]

3. One correction regarding "under Clinton"

The EXTREME bottom made progress. Blue collars in the middle lost big time and were told by all the white collars to "suck it up" and "go back you school you loser". Now who's whining.

[samplegirl]

6. eventually it will

trickle down!

[Divernan]

4. It's spelled "yacht", all you non-boaters!

FWIW -

[Catherine Vincent]

5. I don't have a yatch but I have a Yak.

:)

[samplegirl]

7. I haven't been able to catch a

wave since Clinton.

[Divernan]

14. How could I have forgotten about the yaks!?!?!?

Were they ever officially designated the DU mascot?

[kineneb]

9. my rowboat done spung a leak and sank

it is no fun treading water for this long. (two people, living on $14K/yr)

On the other hand, the fishies here are kinda' nice, they understand about living in the water. I just wish the duck would get off my head.

[samplegirl]

12. Ah maty...

but all those wonderful minimum wage jobs beacon you.

[Javaman]

10. I yon't know yhat time it is, yet me yeck my yatch. nt

[Individualist]

11. I am no man, I have no yatch;

I am a woman, I have a thatch.
If offered one, I would decline;
'cause what I have is mine, all mine.

[Buzz Clik]

16. (the sound of snapping fingers registers approval)

cool.

[SlowDownFast]

13. "I call upon all nations to do everything they can to stop these terrorist killers. Thank you...

Now, yatch this drive."

[Buzz Clik]

15. Seriously. About your nick. Do utopias need a secret agent?

I don't recall Plato mentioning it...