Steve Rattner Misleads on Inequality in the NYT

Steve Rattner seems to have found a new career in getting things wrong in the NYT. He was last seen ranting against those who say that "debt doesn't matter." Today the topic is inequality.

While Rattner is right to call attention to the growth of inequality, he is way off on the facts. Starting with a small one, he tells readers that:

"Pay for college graduates has risen by 15.7 percent over the past 32 years (after adjustment for inflation) while the income of a worker without a high school ...