Big media got good news and bad news. The upper 1 percent of Americans are now taking in nearly a quarter of the nation's income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably.Real median household income increased 5.2 percent between
2014 and 2015.1 This is the first
annual increase in median household
income since 2007.