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Top Earners in The World Are Entrepreneurs Video

Though the concept was first mentioned in a advertisement for the newspaper The American Progress. Too late.

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Earlier uses of the term "the one percent" to refer to the wealthiest people in society include the documentary The One Percent film about the growing wealth gap between the wealthy elite compared to the overall population, and a opinion column in the MIT student newspaper The Tech newspaper. More than one publication dates the concept back much further. Who Runs It? Even further back, historian Howard Zinn used this concept read more "The Coming Revolt of the Guards", the final chapter in the first edition of his book A People's History of the United States published in I have been writing a history that attempts to represent their submerged, deflected, common interest.

To emphasize the commonality of the 99 percent, to declare deep enmity of interest Top Earners in The World Are Entrepreneurs the 1 percent, is to do exactly what the governments of the United States, and the wealthy elite allied to them-from the Founding Fathers to now-have tried their best to prevent.

The novel Too Many Clients by Rex Stoutpart of the Nero Wolfe mystery series, refers to the top two percent: "I know a chairman of Etrepreneurs board of a billion-dollar corporation, one of the 2 per cent, [ sic ] who never gets his shoes shined and shaves three times a week. The first mention of the concept may very well be found in a poster circa advertising the newspaper created by the populist Louisiana politician Huey Long called The American Progress.

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Studies by the Congressional Budget Office CBO ,the US Department of Commerceand Internal Revenue Service show that income inequality has grown significantly since the late s[29] [30] [31] [32] [33] after several decades of stability. This imbalance became further exacerbated by changes making federal income taxes less progressive.

From the top income earners in the U. Median household wealth dropped by Following the recession of the late s decadethe economy in the US continued to experience a jobless recovery. New York Times columnist Anne-Marie Slaughter described pictures on the "We are the 99" website as "page after page of testimonials from members of the middle class who took out loans to pay for education, took out mortgages to buy their houses and a piece of the American dream, worked hard at the jobs they could find, and ended up unemployed or radically underemployed and on the precipice of financial and social ruin.]