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In the last 5 years, 95% of new income in the US went to the top 1%. Which isn't new. But he points out something more subtle. That means when the US economy grows by 3% in a year, it isn't really 3%. For 99% of Americans, it's actually 0.15% growth.When we talk about economic growth—2%, 3%, 4%, whatever it is—that really doesn't mean all that much. Because almost all of the new income generated in that growth has gone to the very, very, very wealthiest people in this country.