...of a number of interesting charts from a presentation, "To Have and Have Not," by bond manager Jeffrey Gundlach of the DoubleLine Funds. See the rest of them here.
Meanwhile, Charles Blow writes in the Times today (my emphasis):
An October report from the Congressional Budget Office found that, from 1979 to 2007, the average real after-tax household income for the 1 percent of the population with the highest incomes rose 275 percent. For the rest of the top 20 percent of earners, it rose 65 percent. But it rose just 18 percent for the bottom 20 percent.
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