Yes, there is an insatiable market for writings claiming there has been no rise in inequality in the United States, with Robert Samuelson being one of the main actors in this group. His latest column reports on new data on income distribution from the Congressional Budget Office (CBO).
Samuelson gives us the good news:
"The poorest fifth of Americans (a fifth is known as a “quintile”) enjoyed a roughly 80 percent post-tax income increase since 1979. The richest quintile — those just bel...
Published on November 19, 2018 00:11