That graph finishes at 2016, you don't have a graph that includes anything more recent?I read that whole article and found it an excellent analysis of the American situation. Totally spot on.
The facts are there. The very large majority of the population is struggling to stay afloat while a very small sector are making out like bandits.
I may have posted this previously but there is an excellent analysis of income distribution in the US which shows that from 1945 till roughly 1975 incomes across the broad population rose steadily and in fact created a large relatively secure working class and middle class.
However since the mid eighties all the increase in wealth have gone to the rich and super rich. The working class and middle class have been squeezed till the pips squeak. That is the problem Maudlin recognises and says needs to be addressed.
https://equitablegrowth.org/the-dis...-states-and-implications-for-a-net-worth-tax/
View attachment 100672
Oh that it were true.....
The Trump Presidency Is Over
https://www.theatlantic.com/ideas/a...pNeyYaLmv3ddSaqUGGy9wG2QXOMbOe4xWc2ogAg2J7ZZQ
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?