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When Income Grows, Who Gains?
Chart the growth in U.S. household income since 1917—and see how the growth has been shared between the Top 10% and the Bottom 90% of Americans.Between 1948 and 1979 the richest 10% accounted fo... r a third of average income growth – matching their share in 1948 and keeping the income distribution stable for these three decades.Between 1979 and 2007 the richest 10% accounted for a full 91% of average income growth.
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