ITD – December 10

The Investment Tweet of the Day comes from @CassSunstein He is currently a Professor of Law at Harvard University. He also served under President Obama as an Administrator of the Office of Information and Regulatory Affairs, from September 10, 2009 until August 21, 2012. This article comes from a similar vein as yesterday’s ITD.

This article dives down into how the top 1% have continually enjoyed an annual income increase of 86.1% from 1993 to 2012. Whereas the rest of the income pool has only seen a 6.6% annual increase. This equates to the top 1% receiving 68% of the total income growth over that period. See the source article for more details.

Source : Bloomberg, TweetSunstein’s Wiki

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