As usual, the rich got it.
As you can see, income inequality during the 20s was very high (even higher than it is now)
http://en.wikipedia.org/wiki/File:Share_top_1%25.j...
The top 1% took in more than 20% of the income. For more detailed data, check out:
http://elsa.berkeley.edu/~saez/
http://elsa.berkeley.edu/~saez/TabFig2005prel.xls
Doctors and undertakers did the best. That's why macroeconomics used to be called the dismal science.
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As usual, the rich got it.
As you can see, income inequality during the 20s was very high (even higher than it is now)
http://en.wikipedia.org/wiki/File:Share_top_1%25.j...
The top 1% took in more than 20% of the income. For more detailed data, check out:
http://elsa.berkeley.edu/~saez/
http://elsa.berkeley.edu/~saez/TabFig2005prel.xls
Doctors and undertakers did the best. That's why macroeconomics used to be called the dismal science.