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Title: ‘$2.5 Trillion Theft’: Study Shows Richest 1% of Americans Have Taken $50 Trillion From Bottom 90% in Recent Decades

Citation Type: Miscellaneous

Publication Year: 2020

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Abstract: New research published Monday found that the top 1% of U.S. income earners have taken $50 trillion from the bottom 90% over the past several decades, and that the median worker salary would be around twice as high today as it was in 1945 if pay had kept pace with economic output over that period.

Url: http://www.rapidshift.net/2-5-trillion-theft-study-shows-richest-1-of-americans-have-taken-50-trillion-from-bottom-90-in-recent-decades/

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Authors: Wilkins, Brett

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Data Collections: IPUMS CPS

Topics: Poverty and Welfare

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