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Audit Notes: 1966 Wages, Fracking's Chickens and Eggs, Whistleblowers
David Cay Johnston
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looks at the latest income-distribution data from
Emmanuel Saez
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and Thomas Piketty, and notes that in this recovery, unlike one that FDR oversaw, almost all the income gains have gone to the ultra-rich. The average income of the bottom 90 percent of households was $29,840 in 2010, up just 1 percent 1966. In the same time,. Read more
Summary
David Cay Johnston looks at the latest income-distribution data from Emmanuel Saez and Thomas Piketty, and notes that in this recovery, unlike one that FDR oversaw, almost all the income gains have gone to the ultra-rich. The average income of the bottom 90 percent of households was $29,840 in 2010, up just 1 percent 1966.
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