The Crazily Increasing Wealth of the 1%

"This week, a new economic report confirmed what most Americans already believe to be true: over the past three decades, the middle class has lost ground while the wealthiest few have become even wealthier. In fact, the average income for the top one percent of Americans has risen almost seven times faster than the income of the average middle class family. "
-President Obama, October 29, 2011.

Ummmmmm...

THE TOP 1% WEALTH SHARE IN THE UNITED STATES, 1916-2000

Sometimes lies make for a better story than the truth, I guess. Courtesy of Randall Hoven's brilliant observation, Graph of the Day on American Thinker.

William Sullivan