A fascinating piece on the historic meaning of yesterday's election, by Steve Berg at MinnPost.com. (He wrote a great lede, which I won't spoil here but is well worth reading here.)Elsewhere, he writes:
"Between 1979 and 2005, the incomes of households in the bottom fifth of the population rose only 6 percent in real terms, while the incomes of those in the middle three-fifths rose by 17 to 21 percent, according to the nonpartisan Congressional Budget Office.
"But incomes in the upper fifth soared by 69 percent, and in the top 1 percent by a whopping 176 percent. ... Not since the 1920s had so much of the nation's income been held by such a narrow slice of its people. The trickle-down never trickled."
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