Tuesday, November 20, 2012

Something's Very Wrong When Only the Rich get Richer | Alternet

Something's Very Wrong When Only the Rich get Richer | Alternet
"We’ve all heard plenty of chatter over recent years about the widening gap “between rich and poor.” But what about the gap between rich and middle? This divide seldom ever gets much media play, an inattention that makes no sense. The gap between America’s high-income and middle-income households, after all, has been growing almost as fast as the gap between rich and poor.
The latest evidence: a new income inequality study from two of Washington’s most respected research groups, the Center for Budget and Policy Priorities and the Economic Policy Institute."