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Corporate Gold on the Fiscal Cliff


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Corporate Gold on the Fiscal Cliff

Bill Moyers, Michael Winship

In economist and New York Times columnist Paul Krugman’s book, End This Depression Now!, there’s a chapter titled “The Second Gilded Age” in which he describes the extraordinary rise in wealth and power of the very rich during this era of unregulated greed. Since Ronald Reagan’s election in 1980, the top one percent of Americans have seen their incomes increase by 275 percent.