{"id":9848,"date":"2009-08-21T07:29:59","date_gmt":"2009-08-21T15:29:59","guid":{"rendered":"http:\/\/lukeford.net\/blog\/?p=9848"},"modified":"2009-08-21T08:59:44","modified_gmt":"2009-08-21T16:59:44","slug":"what-a-great-country","status":"publish","type":"post","link":"https:\/\/lukeford.net\/blog\/?p=9848","title":{"rendered":"What A Great Country!"},"content":{"rendered":"<p><a href=\"http:\/\/www.nytimes.com\/2009\/08\/21\/business\/economy\/21inequality.html?hp=&amp;pagewanted=all\">From The New York Times<\/a>:<\/p>\n<blockquote>\n<p>In 2007, the top one ten-thousandth of households <a title=\"See Figure 3, on page 8 (PDF).\" href=\"http:\/\/elsa.berkeley.edu\/~saez\/saez-UStopincomes-2007.pdf\">took home 6 percent of the nation&rsquo;s income<\/a>, up from 0.9 percent in 1977. It was the highest such level since at least 1913, the first year for which the I.R.S. has data.<\/p>\n<p>The top 1 percent of earners <a title=\"See Figure 2, on page 7 (PDF).\" href=\"http:\/\/elsa.berkeley.edu\/~saez\/saez-UStopincomes-2007.pdf\">took home 23.5 percent<\/a> of income, up from 9 percent three decades earlier.<\/p>\n<\/blockquote>\n<p>The Times buried the above&nbsp;information at the&nbsp;bottom of a&nbsp;long article&nbsp;on the&nbsp;economic problems&nbsp;of&nbsp;the super-rich.&nbsp;<\/p>\n<blockquote><p>The rich, as a group, are no longer getting richer. Over the last two years, they have become poorer. And many may not return to their old levels of wealth and income anytime soon.&nbsp;&nbsp;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From The New York Times: In 2007, the top one ten-thousandth of households took home 6 percent of the nation&rsquo;s income, up from 0.9 percent in 1977. It was the highest such level since at least 1913, the first year &hellip; <a href=\"https:\/\/lukeford.net\/blog\/?p=9848\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1161,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[162],"tags":[18508,18509,29894,18507,996],"class_list":["post-9848","post","type-post","status-publish","format-standard","hentry","category-economics","tag-earners","tag-households","tag-new-york-times","tag-thousandth","tag-three-decades"],"_links":{"self":[{"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/9848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/users\/1161"}],"replies":[{"embeddable":true,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9848"}],"version-history":[{"count":14,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/9848\/revisions"}],"predecessor-version":[{"id":9859,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/9848\/revisions\/9859"}],"wp:attachment":[{"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}