“From 2009 to 2013, wages rose only for the top U.S. earners and fell for the bottom 90 percent, according to an analysis of Bureau of Labor Statistics data by the Economic Policy Institute, a Washington-based think tank. ... The average wealth for households with a net worth of $500,000 or more jumped 21 percent from 2009 to 2011, the first two years of the economic recovery, Fry said. It declined 5 percent for everybody else. The top 13 percent of households own all corporate and municipal bonds, 92 percent of the value of directly-held stocks and 69 percent of the wealth in 401(k) funds, according to Fry’s analysis of Census Bureau data.”

Is that all? ;-)

Another article to add to the Bifurcated America file.

Christopher Fountain has written a few posts about Copper Beech Farm.