Why the Rich Got Richer

Most of the widening of the income gap occurred during the 1980s, not the 1990s or later.

The Democratic sweep of Congress in last November's election is widely seen as a rejection of Bush's Iraq policy. But it appears that many Democrats believe that the election handed them a much wider mandate. They interpret the election as reflecting a growing dissatisfaction with the economy and the widening gap in income distribution.

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Jeremy J. Siegel
Contributing Columnist, Kiplinger's Personal Finance
Siegel is a professor at the University of Pennsylvania's Wharton School and the author of "Stocks For The Long Run" and "The Future For Investors."