The 50-100 Pay Gap
These 20 Harsh Facts About Income and Wealth Inequality Will Shock You
How the American economy has left many behind and rewarded the few.
U.S. inequality has returned to levels not seen since the early 1900s: The richest 0.1% take in 196 times as much as the bottom 90%. The average American is well aware that paychecks haven’t kept pace with inflation, while the super-wealthy keep getting richer and pay less in taxes. But while 61% of Americans say that there’s too much economic inequality in the country, only 42% see it as a top policy priority for the government, according to a Pew survey in 2019. Maybe that’s because they don’t realize just how extreme the disparities have become between the top 1% and the rest of us, or the key role the government has played in enabling that gap to grow.
Copyright 2021 Capital & Main
-
Latest NewsFebruary 22, 2024
The Rising Cost of the Oil Industry’s Slow Death
-
Reinvesting in AmericaMarch 5, 2024
A Foundry’s Closure Devastated This Tennessee Town But a New Lithium Plant Is Giving It Hope
-
State of InequalityMarch 15, 2024
Long Beach Hotel Workers on Track to Earn the Highest Minimum Wage in the Nation
-
State of InequalityFebruary 22, 2024
Why Labor Is Losing Even as It Wins
-
Latest NewsMarch 6, 2024
Why Has the White Working Class Embraced Trump?
-
California UncoveredMarch 18, 2024
A California Program to Get Produce to Low-Income Families Is a Hit. Now It Is Running Out of Money.
-
Latest NewsFebruary 23, 2024
Wood Pellet Mills in California: A Blessing or a Boondoggle?
-
State of InequalityMarch 7, 2024
Why It Is Time for Newsom and the Legislature to Get Serious About Mental Health in California