If you look at the second graph from the top, something I don't understand happens between about 2000 and 2003. The share of wealth for the top 1% took a nosedive from about 100 percent compared to 1979 to less than 60 percent. The top 20% also took a mild hit. But the bottom 80% saw an increase - it was small and was erased by 2004, but it's definitely there. Obviously the trend is major increases for the top 1% and a slow decline for most everyone else, but then there's this anomaly between 2000 and 2003. What happened?
James