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Friday, September 3, 2010

Op-Ed Contributor - How to End the Great Recession - NYTimes.com

Op-Ed Contributor - How to End the Great Recession - NYTimes.com: "Where have all the economic gains gone? Mostly to the top. The economists Emmanuel Saez and Thomas Piketty examined tax returns from 1913 to 2008. They discovered an interesting pattern. In the late 1970s, the richest 1 percent of American families took in about 9 percent of the nation’s total income; by 2007, the top 1 percent took in 23.5 percent of total income."

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