'We were shocked': RAND study uncovers massive income shift to the top 1%

[Warpy]

4. Shocked? What rock do they live under?

Even if they're driven around in limos, they must have seen the empty storefronts, the closed restaurants, some of the bulldozed strip malls, the empty parking lots at the big malls. Surely they'd have noticed something over the last 30 years.

Oh, I'm not dissing Hanauer, he's been a bit more aware than most. However, we on the left have been talking about this phenomenon since wages stagnated and started to fall in purchasing power in the 70s, massively failing to keep pace with inflation.

Future historians might call this part of our history "The Great Robbery" and will undoubtedly tie it to "The Great Crash." I just hope it isn't tied to "The Second American Revolution." Those rarely work out as advertised.