2000 - 2008 The neo-Gilded Age for America's super wealthy . . .

Gee -- who'd have thunk that electing a blue-blood, corrupt business man and an oil industry war profiteer to the White House might result in this:

Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently updated paper by University of California, Berkeley Professor Emmanuel Saez. The paper, which covers data through 2007, points to a staggering, unprecedented disparity in American incomes. On his blog, Nobel prize-winning economist and New York Times columnist Paul Krugman called the numbers "truly amazing."

"...while the bottom 99 percent of incomes grew at a solid pace of 2.7 percent per year from 1993-2000, these incomes grew only 1.3 percent per year from 2002-2007. As a result, in the economic expansion of 2002-2007, the top 1 percent captured two thirds of income growth."

If this trend continues, it's only a matter of time before America starts looking like this:















[click photo for zoom view]



----k