[D]uring the past 20 years, 56 percent of all income growth went to the top 1 percent of households. Even more unbelievably, a third of all income growth went to just the top one-tenth of 1 percent. [W]hen you adjust for inflation, the median household income actually declined over the last decade.
Senator Al Franken, quoted in “What if we’re not broke?” by WaPo’s E.J. Dionne Jr.
Dionne concludes: “Give [House Speaker John] Boehner and [Wisconsin Gov. Scott] Walker and their allies full credit for diverting our attention with an arresting metaphor. The rest of us are dupes if we fall for it.”
(via minnpost)