Rising tide. All boats.
Burkhauser:
...since 1983 the United States has had a substantially higher, but relatively constant, level of inequality than we experienced in previous decades. But during the past 20 years (at least for the bottom 99 percent of us) people at all points on the income distribution have experienced increases in economic well-being with little additional increase in income inequality.
Posted by Cool Papa Boyd on
February 23, 2007