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Three-fifths of all income growth from 1979-2007 went to the top 1%

income inequalityOccupy Wall Street is right about nation’s skewed economic rewards

Today, the Economic Policy Institute (EPI) released a report on economic inequality in the U.S. that explains that the Occupy Wall Street movement is fundamentally right about how skewed the nation’s economic rewards have become. 

Occupy Wall Streeters are right about skewed economic rewards in the United States, by EPI president Lawrence Mishel and economist Josh Bivens, presents 12 charts—detailing trends in income, wages, capital income and  wealth—that highlight the economic inequality that developed between 1979 and 2007, pre-dating the recession.

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