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Are those “poor become richer alongside the rich” in the room with us? https://www.epi.org/blog/wage-inequality-fell-in-2023-amid-a-strong-labor-market-bucking

• lostmsu 8mo ago
  > bottom 90% wages have seen just 44% growth From the title of your page
  • wiseowise 8mo ago
    > But top 1% wages have skyrocketed 182% since 1979 while bottom 90% wages have seen just 44% growth
    • lostmsu 8mo ago
      "become richer alongside" == "become richer too"; by 44% according to your article
      • wiseowise 8mo ago
        > It’s worth noting that these vastly unequal growth rates are on top of the already vast inequality that existed in 1979. Back then, the top 1% earned average wages ($281,932) more than nine times as much as the bottom 90% ($29,953). In 2023, the top 1% earned average wages ($794,129) more than 18 times as much as the bottom 90% ($43,035). 40k is what you call rich?
        • lostmsu 8mo ago
          Do you understand a difference between a value and its time derivative?
          • wiseowise 8mo ago
            Do you understand that rich got disproportionately richer in the last 50 years compared to bottom class?