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Ben Folds/Nick Hornby: From Above

102
gamark12/08/2010 6:36:41 am PST

re: #99 Obdicut

Real wages have stagnated since the 70s for everyone except the top income earners.

I think I get your overall point, but you state it poorly. I have been working since the 70s and my inflation-adjusted income has steadily risen since then. I suspect I am not alone. We don’t have a caste system in the US. Movement up and down the economic scale is not at all uncommon. There has been a lot of turnover in the top bracket since the 70s.