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The poorest quintile suffered disproportionately, particularly minority workers.

• rconti 9y ago
  I'm sorry, I meant in absolute dollar terms (which is why I put 'suffered' in quotes for the rich). That's not meant to minimize the fact that the poorest had the most actual suffering. (and, likely, on average, the greatest % decrease in earned income due to unemployment).
  • linkregister 9y ago
    I was speaking in terms of percentages. In absolute terms, it's almost a meaningless comparison because the highest quintile will almost always experience a larger dollar fluctuation.
    • rconti 9y ago
      The problem is the article terms the rich as getting "85% of the gains" which, while a percentage figure, is not a percentage of their wealth -- it's percent of actual dollar figures. So if we're trying to decide whether or not they disproportionately profited from the rebound, we'd have to figure out how it compared to their losses.