The Bottom Line
The income gap between the wealthiest and poorest Americans is now bigger than at any time since World War II . . .
he income gap between the wealthiest and poorest Americans is now bigger than at any time since World War II, and probably since before the Great Depression, according to new Internal Revenue Service data. The nation’s richest 1 percent earned 21.2 percent of all income in 2005, while the bottom 50 percent earned 12.8 percent. (The Wall Street Journal)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- The mystery behind China's aggressive push into space
- The best places to find love — and lust — according to science
- Here's the schedule very successful people follow every day
- What would a U.S.-Russia war look like?
- Sex can't explain the culture war
- The 5 best and worst states for a well-lived life
- Why GOP reformers are bound to fail
- Boyhood's refreshingly unsentimental take on motherhood
- This simple hack for slicing cherry tomatoes will astound you
- How a drafting error could doom Obama's carbon regulations
Subscribe to the Week