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Personal Finance OnlineLooking again into historical past covering a hundred years, this pattern emerges. Throughout the days when the tremendous rich took a diminished proportion of the overall earnings (1947 to 1977 – the great prosperity years) the nation in its entirety grew speedily and median wages spiked. A virtuous cycle was generated by which the continuously growing middle class had the capacity to consume larger provide of goods in addition to providers; this in turn led to the creation of extra jobs and better jobs that led to further fueling of demand. This rising tide did in actuality elevate up all …