The Richest 1 Percent Have Captured 121 Percent Of Income Gains During The Recovery

Click here to access article by Pat Garofalo from ThinkProgress. 

Last year, economist Emmanuel Saez estimated that the richest 1 percent of the U.S. captured a whopping 93 percent of the income gains in 2010, as the U.S. was emerging from the Great Recession. Saez is now back with updated numbers from 2011, and they make the picture look even grimmer....

But how is it possible for more than 100%? He explains.