A Closer Look at Income Inequality

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There has been some discussion about income inequality by historical standards.  Its an interesting topic and a pretty political one given the economic times.  Its worth taking an objective look to see if we are indeed in a unique situation.  Karl Smith takes a closer look at the graph above and suggests that while there has been an increase in income inequality, its probably not as great as the pundits are claiming.  The comments are interesting too.

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