This chart may be difficult to read initially, but do you notice how almost all of the grey line is above the orange line?
That's because almost all the population in 1980 was experiencing 2%+ income growth. Now the only people experiencing that level of growth the top 2% of income earners.
The vast majority of the US is stagnating as far as wealth growth, this can only lead to catastrophe if maintained, in my opinion.
That's because almost all the population in 1980 was experiencing 2%+ income growth. Now the only people experiencing that level of growth the top 2% of income earners.
The vast majority of the US is stagnating as far as wealth growth, this can only lead to catastrophe if maintained, in my opinion.