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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 lar

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.