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Truth is in favor of you and me; for the truth of our enemies whom we have been serving here in the U.S.A. for over 400 years (whom we did not know to be our enemies by nature) is the truth that the Black Man must have knowledge of to be able to keep from falling into the deceiving traps that are being laid by our enemies to catch us in their way which is opposed to the way of righteous of whom we are members. ~ The Honorable Elijah Muhammad

Wednesday, September 11, 2013

This is Capitalism: Study: 95% of all income gains between 2009 and 2012 went to the wealthiest 1% of Americans.


Map of Economic Inequality in the United State...
Map of Economic Inequality in the United States using the Theil index.(Photo credit: Wikipedia)
According to the latest version of “Striking it Richer: The Evolution of Top Incomes in the United States,” by Emmanuel Saez, of the University of California, Berkeley, the income inequality gap has been expanding, rather than narrowing, as the 2007-2009 recession recedes. That trend has been unfolding for more than 30 years, with the highest earners only temporarily set back by the most recent downturn.

The findings, based in part on U.S. income-tax data and census figures, update Mr. Saez’s earlier work with Thomas Picketty, with initial income estimates for 2012. The research will be updated again in January 2014.  Read more...

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