The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

The top 1% of Americans have taken $50 trillion from the bottom 90% — that's made the U.S. less secure

” had increased to 53 weeks . But the counterfactual reveals an even starker picture: In 2018, the combined income of married households withfull-time workers was barely more than what the income of a single-earner household would have earned had inequality held constant.

The counterfactuals in the table above appear vastly unequal because they extrapolate from the indefensible 1975-levels of race and gender inequality; they assume that inequality remained constant both between income distributions andthem—that women and nonwhites had not narrowed the income gap with white men. But surely, this cannot be our goal.

Indeed, at every income distribution, the education premium has increased since 1975, with the income of college graduates rising faster than their less educated counterparts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Huh? What kind of BS is this? They didn't 'take' it from anyone, they created new wealth. We really need to teach basic economics better. Wealth from business is new wealth, newly created. It's not taken from anyone.

And? This will continue 4 as long as we elect politicians based on how many 000000’s t in their bank accounts completely forgetting they t public servants. & also 4 as long as we allow lobbyists 2 change the rules against the ppl. Knowing this & changing it are 2 diff things.

COMMENT FRANCA NOOOOOOOOOOOOO XOYN PRISON TRUMP MAFIA Y PAGE FRANCA. THANK YOU COMMENT BEAUTIFUL , THANK YOU PICTURE.

how much did the GameStop traders take back from them?

And the Pubs are bitching bc they want to send out $1,400.00 to help America eat and have a roof over their children's heads. What a joke !!!

Nick has never taken a economics class

The GOPQ are greedy f*cks who only care about themselves. Sad.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.