This may seem counterintuitive at first.
After all, analysts have long painted a picture of growing inequality over the past few decades in whichthe top quintile’s share of the national income has risen while the share of the other 80 percent has fallen.
Almost all the gains for the top 20% was for the top 1%.
And half of that is accounted for by a tiny group within the top percent —the top 0.1 percent.
“No society ever thrived because it had a large & growing class of parasites living off those who produce.” -Thomas Sowell