rebecca's pocket

» What a new 'Gilded Age' may bring. It's interesting that the future imagined here is reactionary and intolerant, whereas the last Gilded Age led to widespread support for unionization and the Progressive Movement. The chart at the end really illustrates the wealth trend. "The richest of the rich, the top 1/1,000th, enjoyed a 497 percent gain in wage and salary income between 1972 and 2001. Those at the 99th percentile, who made an average $1.7 million per year in 2001, enjoyed a mere 181 percent gain."