Question for the super-rich... Who loves ya, baby...?

income for the richest 1% is up 19.8%; median income is up an underwhelming 1.6%... congratulations, george... your plan is working perfectly...

The rich are getting much richer, much faster than everyone else

In 2004, the richest 1 percent of households - 719,910 of them, with an average annual income of $326,720 - had 19.8 percent of the entire nation's pretax income. That's up from 17.8 percent a year earlier, according to a study by University of California-Berkeley economist Emmanuel Saez.

[...]

However, median, or midpoint, family income rose only 1.6 percent between 2001 and 2004, when adjusted for inflation, according to the Federal Reserve. Median family real net worth - a family's gross assets minus liabilities - rose only 1.5 percent during those four years.

Those are very sluggish income-growth rates compared with the four years between 1998 and 2001, when median family income grew by 9.5 percent and median family real net worth grew by 10.3 percent.

as we approach election day, november 7, remember who loves ya, baby...

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