Lloyd Fassett

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Over the four decades between 1974 and 2014, inflation-adjusted annual market income fell $320 for households at the 10th percentile (the bottom tenth), rose $388 for those at the 20th percentile (the bottom fifth), rose $5,232 for those at the national median, rose $75,053 for households in the top 5 percent, rose $929,108 for those in the top 1 percent, and rose $4,846,718 for those in the top 0.1 percent.There are no misprints in that sentence!
The Upswing: How America Came Together a Century Ago and How We Can Do It Again
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