If Top 1% Had Not Ripped Off Trillions, You Would Be Making Thousands More Now (for 12/6/11)

In 1947, the wealthiest 1% of Americans received almost 12% of national income. This figure fell to 10.7% by 1967. The wealthiest 1%'s share of America's income never topped 12.8% from 1949 to 1979, and stood at 10% when Americans voted Ronald Reagan President of the U.S. in 1980. This rose to 15.5% when he finished his term in Office and rose to 21.5% when George W. Bush became President in 2001. It rose further to 23.5% in 2007. This means the bottom 99% of Americans have seen their share of America's economic output fall by over 10%. Annually, this equals $1 trillion in extra income for the wealthiest Americans. Since 1980, if trends based on productivity for the middle class held form to today, they would be making an average of $12,500 more per year.
http://www.alternet.org/story/152621/if_top_1_hadn't_ripped_off_trillions,_you'd_likely_be_making_thousands_of_dollars_