9/27/2007

Borderline Pipe Dream #4796



















Borderline B. S.
"This pernicious notion that "the rich get richer and the poor get poorer" is a direct reflection from that statement which Von Mises so easily disputes." ontheborline .nut

Reality
Income Gap Is Widening, Data Shows : New York Times
Income inequality grew significantly in 2005, with the top 1 percent of Americans — those with incomes that year of more than $348,000 — receiving their largest share of national income since 1928, analysis of newly released tax data shows.

The top 10 percent, roughly those earning more than $100,000, also reached a level of income share not seen since before the Depression.

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