Another way of stating this would be to say that the top 1% now cumulatively earn roughly half as much as the entire bottom 95% combined, as their income has ri

Another way of stating this would be to say that the top 1% now cumulatively earn roughly half as much as the entire bottom 95% combined, as their income has risen while the bottom 95% declined. So much for that old 'rising tide raises all boats' myth.