The richest 1 percent of Americans now take home almost 24 percent of income, up from almost 9 percent in 1976. As Timothy Noah of Slate noted in an excellent series on inequality, the United States now arguably has a more unequal distribution of wealth than traditional banana republics like Nicaragua, Venezuela and Guyana.
—
Our Banana Republic - NYTimes.com
Fantastic Kristof editorial on the inequality of wealth in the United States today
(via anjum)
(Source: uzairm)
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