Looking at the graph above we are not really surprised seeing the top 1% making about 20% of the total income in the US, right? Nor are we for the top 10%.
What is however mindboggling, is that the financial crisis had no effect at all for the richest groups in society. Whereas we all know the effects for the rest of Americans from loosing their job to home foreclosures.
According to The Economist what really changed the situation in the crisis in 1930 was the regulation afterwards, which can be immediately seen by this graph. In the 21th century, however it doesn’t look anything like that:
Excluding capital gains, the top 10% of earners captured a near-record share of income in 2010. More increases may follow.