Gap between top 1% and bottom 90% now worse than at any time since 1928.
Ottawa (10 Sept. 2009) - Two-thirds of all American income gains from 2002 to 2007 flowed to the top 1% of U.S. households, giving that privileged minority a larger share of income at the end of the period than at any time since 1928.
During the period, the average inflation-adjusted income of the top 1% of households soared by 62% compared to a gain of just 4% for the bottom 90% of households.
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