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Census: Income gap between rich and poor got wider in 2009
"WASHINGTON (AP) — The income gap between the richest and poorest Americans grew last year to its widest amount on record as young adults and children in particular struggled to stay afloat in the recession.
The top-earning 20% of Americans — those making more than $100,000 each year — received 49.4% of all income generated in the U.S., compared with the 3.4% earned by those below the poverty line, according to newly released Census figures. That ratio of 14.5-to-1 was an increase from 13.6 in 2008 and nearly double a low of 7.69 in 1968."
Census: Income gap between rich and poor got wider in 2009 - USATODAY.com
So what? It is not a problem. You just want wealth distribution. **** that. Top execs made lots of money because their skill-set is in high demand and there is not much qualified supply. The poor have little to no skills and there is plenty of supply for available jobs. It is their responsibility to get the training and education to make a career move. I guess they shouldn't have dropped out of high school, huh?