What does Business Insider consider “mind blowing“?
The rich are getting richer and the poor are getting poorer. Cliché, sure, but it’s also more true than at any time since the Gilded Age.The poor are getting poorer, wages are falling behind inflation, and social mobility is at an all-time low.
If you’re in that top 1%, life is grand….
They back up this statement with 15 charts with titles like
The last two decades were great… except for American workers
Real average earnings have not increased in 50 years
Poor Americans have a SLIM CHANCE of rising to the upper middle class
Republican tax cuts have significantly increased the gap
None of this is new, but it’s still pretty entertaining to see a business magazine laying it out in stark, nicely designed graphs. Maybe something to e-mail to your cranky Republican uncle?
