Top 1 percent collected 90 percent of the income gains since Obama took office

Despite their efforts, the president who promised to conquer Wall Street and relive opportunity for Americans of every day on Main Street has this to show his first five years in office: the equity markets of the United States are in the territory of records , registering 30 per cent of the profits last year, and Wall Street is once again home to the highest concentration of millionaires in the country, while the middle-class wages have barely kept pace with the ‘inflation. As President Obama prepares for an economic program designed to address this unfortunate situation, in the State of the Nation this month, his …