Unless you've got a real big yatch your tides not coming in...

Historically speaking, then, here’s what we’ve got:

Top 10%: income share stagnant since 1983.
Top 5%: Income share stagnant since 1995.
Top 1%: Still rocking and rolling!
This is all pretty rarefied atmosphere, of course. Here’s Saez:

2005 shows a very large increase in income concentration: the top 1% gains 14% in real terms from 2004 while the bottom 99% gains less than 1%….The striking thing about 2003-2005 is the huge increase at the top with quasi-stagnation below the top 1%. In the late Clinton years, the top gained enormously but at least the bottom was also making progress.

Median wages have been stagnant since the mid-70s. Today, the wages of everyone below the top 1% are stagnant. As Andrew Tobias likes to say, it’s a grand time to be rich and powerful in America.

Luckily, I still have my wumbus and yuzz-ma-Tuzz.

My yatch is not that big. I mean when I wear this one pair of pants, OK, it looks bigger, but really it is a pretty small yatch.

:spray:

The EXTREME bottom made progress. Blue collars in the middle lost big time and were told by all the white collars to "suck it up" and "go back you school you loser". Now who's whining.

trickle down!

FWIW -

:)

wave since Clinton.

Were they ever officially designated the DU mascot?

it is no fun treading water for this long. (two people, living on $14K/yr)

On the other hand, the fishies here are kinda' nice, they understand about living in the water. I just wish the duck would get off my head.

but all those wonderful minimum wage jobs beacon you.

I am a woman, I have a thatch.
If offered one, I would decline;
'cause what I have is mine, all mine.

cool.

Now, yatch this drive."

I don't recall Plato mentioning it...