The top 1% of earners in the U.S. pulled in 19.3% of total household income in 2012, which is their biggest slice of total income in more than 100 years, according to a an analysis by economists at the University of California, Berkeley and the Paris School of Economics at Oxford University.The richest USians believe the recovery has been successful, because it has been successful for them.
The richest Americans haven't claimed this large of a slice of total wealth since 1927, when the group claimed 18.7%.
...In a separate analysis, [prominent wealth and income researcher Emmanuel Saez of the University of California, Berkeley] found the top 1% of earnings posted 86% real income growth between 1993 and 2000. Meanwhile, the real income growth of the bottom 99% of earnings rose 6.6%.
As for the rest of us...
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