NEW YORK ( MainStreet) -- The Occupy Wall Street protesters were first ignored by the media then maligned by certain outlets, but more recently a slew of reports and surveys have come out showing the movement may be on to something after all.
The latest news, photos and videos from the 'Occupy Wall Street' protests.
|The protesters on Occupy Wall Street may be on to something. Studies released this week show plenty of support for the cause.|
Few reports in recent memory packed quite as much of a bang in so few words as the one earlier this week from the Congressional Budget Office. The report shows that between 1979-2007, the super-rich - those in the top 1% of wage earners - saw their after-tax incomes nearly triple while those in the bottom 20% saw their wages remain relatively flat during that nearly 30-year period. If that wasn't infuriating enough, the CBO's report showed that the top 20% of wage earners saw their share of the nation's overall income increase by 10 percentage points during that period while the other 80% saw their share decline by two or three percentage points. In just a few paragraphs, the CBO showed definitively that the rich are getting richer at the expense of everyone else.