According to a new study released by Berkley, 23.5% of all income earned in 2007 went to 1% of the US population. The other 76.5% was graciously distributed to the other 99% of us. The top 14,988 richest families saw their income rise by 6.8%. Everyone else’s combined grew 2.8%. http://elsa.berkeley.edu/~saez/saez-UStopincomes-2007.pdf Researchers for this article … Continue reading The rich got richer. Now they will get poorer.