Articles by this author
Tuesday, November 08, 2011
Why the Occupy Movement is Good for Our Health
Recently, the Congressional Budget Office released a report on income inequality which found that the incomes of the top 1% nearly tripled between 1979 and 2007, whereas those of the middle class increased by less than forty percent. In his 2007 study, Jared Bernstein found that the after-tax income of the top 1% was 21 times higher than that of middle income families in 2005, compared to “only” 8 times higher in 1979.