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Read More: 2012 Export Growth by Country; China and US at Top of List; World Trade Slowdown; Rebalancing at Glacial…
The original source of the data is a study Striking it Richer: The Evolution of Top Incomes in the United States by Emmanuel Saez. From 2009 to 2011, average real income per family grew modestly by 1.7% but the gains were very uneven. Top 1% incomes grew by 11.2% while bottom 99% incomes shrunk by 0.4%
Read this article: "No Secret Book" says Luis Barcenas; Another Sideshow Diversion
Excerpt from: Last Hurrah for Jobs? Establishment Survey +157,000 Jobs; Household Survey +17,000 Jobs; Unemployment Rate +.1 to 7.9%; Unemployment…
"Shocking" Contraction The GDP report was a shocker, coming in at an annual rate of negative 0.1%.
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