In the late 1970s, a half-century trend toward growing income equality reversed itself. Ever since, U.S. incomes have grown more unequal. Middle-class incomes stagnated while the top 1 percent's share of national income climbed to 24 percent. Middle-income workers no longer benefit from productivity increases, and upward mobility, long the saving grace of the American economy, has faltered. Why is this happening? |
Read the rest of the story HERE:
At www.slate.com
Erik Larson, Human Being and concerned Citizen. I only advocate and practice non-violent methods of social and political activism & change.
Disclaimer: Opinions expressed here by me in my articles and diaries are my own. I do my best to only (
more...)