Ever get the feeling that the rich are getting richer than the folks on the middle of the income ladder? You’re right. Since 1967, when the federal government began monitoring household income, mean household income has grown faster than median household income, as can be seen in the graph (PDF for printing.) below, which is in 2000 dollars. This is what happens when CEOs and hedge fund managers receive (I refuse to say “earn”) compensation of hundreds of millions, sometimes more than a billion, dollars, while union scale jobs are lost to off-shoring and the American South’s lords of cheap labor.
