Monday, September 1, 2014

Losing Ground

A report from the Economic Policy Institute shows how rising income inequality in the U.S. costs most people money.  Real income has been growing faster at the higher end, which leaves the typical middle-class household worse off than they would have been.



Update (September 4):  A survey by the Federal Reserve reports that the top 3 percent earn 30.5 percent of all income and hold 54.4 percent of the wealth in the U.S.

Update (September 6):  Wealth trends from the Federal Reserve survey.


Update (October 11, 2015):  The tie between productivity and compensation was broken 40 years ago.


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