CBO releases report showing that the 99% saw huge wealth increases during the Reagan and H.W. Bush years. Just kidding, only the 1% did and the rest ate cake.
by Jason Parker • October 25, 2011
Source: Talking Points Memo At the request of the Senate Finance Committee, the Congressional Budget Office has produced a report analyzing trends in the distribution of household income from 1979 until 2007 — just before the economy fell off a cliff. The results will be familiar to economists and policy wonks, but they’re...
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