The Gap Between the Rich and the Poor grows....

[inneedofhelp]

My city is one of the cities listed in this article where the inequality is the highest. This is probably why I am a bit leery of the neauvou trendy boutiques.

US income gap widens as poor take hit in recession - Yahoo! Finance

[etransue]

Interesting read. Thanks for posting that.

[tripods68]

This doesn't suprise me...

[wincrasher]

It's the oldest story there is. And it's only going to get worse.

[Vytautas]

Indeed there are quite a few example of the income having widened in the recent past. It always surprises me when people don't think it's true.

[wincrasher]

Recent? It's been trending that way since 1970.

[Vytautas]

Well technically the sharp increase of wage inequality started at about 1980. And in 1998 the gap increased even more sharply. I would go ahead and say that 1980 is fairly recent . Hell the previous time we had this type of inequality was the late 1920s.