The bottom 90 percent used to take home a majority of the income gains from a growing economy. Not anymore.

Income gains going to top 1% in
1954-7: 5%
1975-9: 25%
2009-12: 95%

Income distribution has completely flipped from going to pretty much everybody to now going to only the top 1%. This is insane.

Source: The Benefits of Economic Expansions Are Increasingly Going to the Richest Americans

No ratings yet.

Leave a Reply