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There hasn't been much positive wage growth for the vast majority of Americans in 70 years. https://apps.urban.org/features/wealth-inequality-charts/ https://a
by KennyBlanken 5y ago
There hasn't been much positive wage growth for the vast majority of Americans in 70 years.
https://apps.urban.org/features/wealth-inequality-charts/ https://apps.urban.org/features/wealth-inequality-charts/
The "distribution of family income" chart has been inflation adjusted. Note that for the bottom 10th and 50th percentiles, income has flatlined.
The 90th percentile income earners have seen their wages nearly double, after inflation adjustment.