Clip File: Income Inequality Is at an All-Time High

"Income inequality in the United States is at an all-time high, surpassing even levels seen during the Great Depression, according to a recently updated paper by University of California, Berkeley Professor Emmanuel Saez. The paper, which covers data through 2007, points to a staggering, unprecedented disparity in American incomes. On his blog, Nobel prize-winning economist and New York Times columnist Paul Krugman called the numbers 'truly amazing.'"

The rest of the story: Income Inequality Is at an All-Time High (Huffington Post 2009-08-14)