[quote=HungLikeJesus;699856]
Quote:
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--Since 1970 the share of national income flowing to the top one per cent rose from 9% to 23.5%. In effect this siphoned off demand for goods and services produced by the larger work force that was working more hours.
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I wonder if they looked at the time of the Vanderbuilts and others in that period and could make the same statistical assessment. I believe that statistic is suspect, not to mention the author is well known in his bias of the current economic situation and how he thinks we should deal with it. Just an observation.