"It was the best of times, it was the worst of times..."

To be clear, it was best if you're reliant on portfolio, worst if you're reliant on a paycheck.  Yet another view of income inequality in America.

Source: BEA (via Jared Bernstein)

Jared Bernstein:

You can also see in these data the resurgence of income and wealth inequality. There’s quite a lag to the inequality data, so no one knows what the trends in income or wealth disparities look like post-2008, e.g. What with high unemployment and weak middle-class earnings, along with solid corporate profits, one assumes that after taking a hit in the downturn, wealth accumulation is “back on track” as it were. That’s certainly been the pattern of the last two recessions/recoveries.