The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in a new report by the Congressional Budget Office shows.
So... The INCREASE from the top 1 is bigger than the TOTAL of the bottom 20... And this from a two-year period?!
I'm thinking this is one of those things that is bad news for everybody. It's definately less bad for the top 1 percent! I'll grant you that. But what I'm suggesting is that a concentration of wealth at levels commensurate to the Roman Empire is not sustainable. The rich have made the "mistake" of becoming too weathly.
Perhaps, unlike the example of the Roman Empire, the uber-wealthly will be able to safely extract their wealth and themselves before everything falls apart. We'll see.
It seems to me that Capitalists are too busy making money to be bothered with maintaining faith in the capitalist system. That could be a problem.
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