By the end of his presidency – and the sixteen-year run of Dixie dominance in Washington – income inequality and the concentration of wealth in the federation had reached the highest levels in its history, exceeding even the Gilded Age and Great Depression. In 2007 the richest tenth of Americans accounted for half of all income, while the richest 1 percent had seen their share nearly triple since 1994.8.
-Colin Woodard
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