|MODERN TIMES/ROY EXPORT S.A.S. SCAN COURTESY CINETECA DI BOLOGNA|
From: The National Journal
by: Jonathan Rauch
This is an excellent read, it covers the reality of the American economy today and the truth. I just had to include it here.
"The higher you stood on the income ladder, the better you did; the highest-paid 1 percent of earners soared above and away from everyone else, practically occupying an economy of their own. By contrast, the bottom 90 percent of earners—which is to say, almost everyone—saw barely any increase, and much of what they did see came in the boom years of the late 1990s."