The chart in this article, if anyone cares to see it, shows that for the bottom 50% of those earners in 1979 that, had equality remained flat, would be earning $7000 to $10,000 more per year. But what is the really amazing revelation is the those in the 1% bracket in 1979 would be making, now get this, at least $1,000,000 less. So, where did the money go?
Oh yes. What happened in 1979?
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