Source: https://time.com/5888024/50-trillion-income-inequality-america/

“On average, extreme inequality is costing the median income full-time worker about $42,000 a year. Adjusted for inflation using the CPI, the numbers are even worse: half of all full-time workers (those at or below the median income of $50,000 a year) now earn less than half what they would have had incomes across the distribution continued to keep pace with economic growth. And that’s per worker, not per household.”

We are getting stolen from everyday by the billionaire class who have bought themselves politicians and the media to keep you from getting what you deserve

  • John Wooten@lemmy.whynotdrs.org
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    8 months ago

    Very interesting, nuanced topic. 🧠

    E.g. many of main challenges (e.g. malaria) have material existing billionaire support (Gates). 💉

    Liked this study from referenced charity - the findings will be interesting by the end of the decade. 📈