One-Percenter Wages Up 160% Since 1979; Bottom 90% See Boost of Just 26%
The redistribution of wage income to the top U.S. earners in 2019 continued a pattern that began in 1979. The top 1% of earners have seen wage income grow by just over 160% in the 40-year period while the bottom 90% of workers have experienced a gain of just 26% over the same period. For the top 0.1% of earners, wages have increased by more than 345% in the past 40 years.
This article was originally posted here: https://www.ac2news.com/2020/12/one-percenter-wages-up-160-since-1979-bottom-90-see-boost-of-just-26/.