So, in the present moment of booming stock markets and child hunger, you might be feeling too inured to America’s grotesque levels of inequality to summon much interest in yet another report testifying to the one percent’s total victory in the 50 Years Class War.
But a new study from the Rand Corporation, in partnership with the Fair Work Center, illustrates the impact of a half-century of upward redistribution in bracingly concrete terms: If income had been distributed as evenly over the past five decades as it was in 1975, the median full-time worker in the U.S. would enjoy annual earnings of roughly $92,000 a year. As is, that worker makes just $50,000.
WHERE THE CRIMINAL JUSTICE SYSTEM BLOCKS AMERICANS’ RIGHT TO VOTE. Some U.S. states have changed rules to restore voting rights for people with felony convictions. But many may not even realize they’re […]
BIDEN AIDES SEE WARNING SIGNS IN BLACK, LATINO TURNOUT SO FAR. By Tyler PagerOctober 30, 2020 Despite record early turnout, Black, Latino votes lag Top Biden aides confident seniors, suburban votes […]