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Income Inequality Is Real, It's Global, and It's Worst in the U.S.
I know this sounds like blasphemy, but is it possible that America isn't an exceptional nation? Allan Meltzer makes the case that we are not and never have been -- at least when it comes to income inequality. Here's his chart from the Wall Street Journal showing trends in the income share of the top 1% for a handful of developed countries over the past century.
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http://www.theatlantic.com/business/archive/2012/03/income-inequality-is-real-its-global-and-its-worst-in-the-us/254248/
