BUSINESS
10/18/2010 10:41 am ET | Updated May 25, 2011

Income Inequality: Too Big To Ignore

PEOPLE often remember the past with exaggerated fondness. Sometimes, however, important aspects of life really were better in the old days.

During the three decades after World War II, for example, incomes in the United States rose rapidly and at about the same rate -- almost 3 percent a year -- for people at all income levels.

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