Wednesday, November 22, 2006

Reading Between the Lines at the New York Times

Reading Between the Lines at the New York Times is a stimulating and disturbing article about a new 'class war' between America's merely rich and the super rich.

"The 'merely rich' are those in the top 1 percent, where households receive an average annual income of $940,000. This group has seen its income rise 57 percent between 1990 and 2004.

"The 'superrich' are those with an average household income of $4.5 million. They make up the top tenth of the top 1 percent - the top 0.1 percent. Their income increased 85 percent between 1990 and 2004 ..."

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