Archive for the ‘Why the super-rich get richer — and you don’t’ Category

Why the super-rich get richer — and you don’t

By Rex Nutting, MarketWatch Source: Saez & Piketty At $44,000 per year, the average income of 99% of Americans has barely budged in real terms since 1970 (flat bright blue line at bottom.) Meanwhile, the average annual income of the top 1% (dark blue) has more than tripled to $1.3 million, and the average for […]