Help! I'm in the rowboat!From Bob Hebert's column in the NY Times - Consider, for example, two separate eras in the lifetime of the baby-boom generation. For every additional dollar earned by the bottom 90 percent of the population between 1950 and 1970, those in the top 0.01 percent earned an additional $162. That gap has since skyrocketed. For every additional dollar earned by the bottom 90 percent between 1990 and 2002, Mr. Johnston wrote, each taxpayer in that top bracket brought in an extra $18,000.
It's like chasing a speedboat with a rowboat. Rowboat hell, i'm on a raft with no paddle!