News Flash: Rich are Richer, Poor the Same

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Yes, I'm working on my paper (at 7 a.m. on a Sunday), but I just had to share this NYT article by Ben Stein.  Apparently, the (inflation-adjusted) income of the bottom 60% of U.S. citizens hasn't moved since 1979.  But the income of the top 0.1% has gone up quite nicely.

Apparently Mr. Stein was surprised by this.  I'm not.

1 Comments

Alice said:

Maybe this is the cynical optimist in me, but perhaps Mister Stein feigns his surprise so as to capture reader interest to a greater degree? After all, "gee whiz, how awful," may be more moving than, "I told ya so!"

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This page contains a single entry by Mackenzie published on December 10, 2006 7:05 AM.

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