Originally published on Mon March 5, 2012 10:38 am
Quick update on income inequality in America.
Emmanuel Saez, an economist who's one of the leading scholars on the subject, just published some new numbers.
Saez tracks income growth since 1993. He compares the top 1 percent of earners to everybody else.
Three things to note in this table:
1. Over the long term, the top 1 percent have seen much larger gains than everyone else.