Comment on Another WSJ banger about why the poors aren't doing more
merdaverse@lemmy.zip 1 day agoAverage real income (adjusted for inflation) has been pretty steady in the last 50 years for the bottom 50% bracket. The higher up you go in the income bracket the higher the growth becomes. The real income of the top 0.01% has grown by 670% in that same time. So you can see where all that extra wealth generated from 2x productivity boost has gone. Trickle up economics.
Korhaka@sopuli.xyz 1 day ago
UK hasn’t seen that same productivity increase but has seen the increasing inequality.
We know it’s bullshit so we stopped trying to work hard.