Earnings of the top 1.0 percent rebound strongly in the recovery

There has been some discussion lately that the growth of income inequality—especially the trends favoring the top 1.0 percent—had been reversed in the recent downturn and, therefore, policymakers need not focus on the overall increase in income inequality since the late 1970s. However, newly available data indicate that the top 1.0 percent are seeing their wages rebound quite strongly in the recovery.