“In 1928 the richest 1% of Americans received 23.9% of the nation’s total income…By 2007 the richest 1% were back to where they were in 1928—with 23.5% of the total. Each of America’s two biggest economic crashes occurred in the year immediately following these twin peaks—in 1929 and 2008.”
Robert Reich, “Unjust Spoils,” The Nation. (June 2010) [LINK TO ARTICLE]
