National Income: Where Does It Go?

Today's Census report shows both hopeful news and less hopeful news.  The Center on Budget and Policy Priorities has done an analysis of the income figures by quintiles (dividing the country into fifths), adding a bar chart for the top 5%:



The chart shows that unless you are in the top 20 percent of households, your share of overall income has decreased since 1967. The top 20% now receives more than half of all household income. The top 5% receives nearly a fourth of all income.

The era when "a rising tide lifts all boats" seems to have ended.

Some say the system is rigged.