Someone should let these folks know that Avarice can only take us so far before it’s sister deadly sins of Envy and Anger Cry Havoc.
Report Says That the Rich Are Getting Richer Faster, Much Faster
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Mario Tama/Getty Images
At the New York Stock Exchange. Investments have been a big source of rising wealth
as the spirit of McTeague reigns supreme.
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By DAVID CAY JOHNSTON
Published: December 15, 2007
The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in a new report by the Congressional Budget Office shows.
The poorest fifth of households had total income of $383.4 billion in 2005, while just the increase in income for the top 1 percent came to $524.8 billion, a figure 37 percent higher.
Image: (Greed-Von Stroheim based on McTeague) via home.scralet.be