#bcv

The richest one percent owned six times as much as the bottom fifty percent in 1989, now it’s 15 times as much. More significantly, the 50%-90% have seen their share drop seven and a half percentage points.

https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/

#bcv

One of the biggest casualties has been the promise of the “American Dream”.

Until about 1972 wages and productivity were linked – everybody was getting richer together. Since then, the curves have diverged: productivity keeps rising, wages are flat.

https://www.epi.org/productivity-pay-gap/