DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The rich are getting richer much, much faster.

**bestworkothlo** · 05-20-2012, 08:50 PM

Yeah, of course almost all of the income gains from the recovery went to the top 1%. Their income is highly volatile and they took a large part of the income losses from the recession. The wealthy can tolerate a lot more risk than the not-so-wealthy. That doesn't have much to do with the fact that most of the American population is not earning much more now than it did in the 1970's.

This is false.

05-20-2012, 08:50 PM	#2
bestworkothlo Join Date Oct 2005 Posts 490 Senior Member	Yeah, of course almost all of the income gains from the recovery went to the top 1%. Their income is highly volatile and they took a large part of the income losses from the recession. The wealthy can tolerate a lot more risk than the not-so-wealthy. That doesn't have much to do with the fact that most of the American population is not earning much more now than it did in the 1970's. This is false.
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