Book Review & Me

NY Times BOOK REVIEW of "That Used To Be Us" a book written by Thomas L. Friedman & Michael Mandelbaum has some very interesting data.  The following is an excerpt from the book quoted in the Review:

Or this, which comes from the Nobelist Joseph Stiglitz: “The top 1 percent of Americans now take in roughly one-fourth of America’s total income every year. In terms of wealth rather than income, . . . the top 1 percent now controls 40 percent of the total. This is new. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent.”

We have become "Richistan".   And we commoners are in for a rude awakening as a result.