Wednesday, August 29, 2007

'Like a fiery elephant'

New York Times: "From 2005 to 2006, the rich grew richer in the New York region and the poor, over all, remained poor, producing the widest income gap of any major metropolitan area, according to census figures released yesterday...

In Manhattan, the disparity was especially wide. The wealthiest 20 percent of Manhattanites made nearly 40 times more than the poorest 20 percent — $351,333, on average, compared with $8,855, a bigger gap than in any other county."