August 06, 2015

Leave the comfortably well-off alone!

Work by economists Emmanuel Saez and Gabriel Zucman shows that most of the income accruing to the top 1 percent of the population is actually accruing to a rather narrow slice of the cohort—the top one-tenth of the group, to be specific...

This leaves more than a few people who are by any objective standard wealthy feeling convinced that they are falling behind. We’re talking about doctors and lawyers—heck, even investment bankers—who can’t keep up with the extreme wealth emanating from hedge funds, Silicon Valley, and out-of-control CEO pay. 

(link)

1 Comments:

Blogger Laird of Madrona said...

When they came for the dentists, I said nothing...

August 7, 2015 at 7:19 AM  

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