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workersedge
This whole thing here is to help workers get what they deserve. As long as I can remember, workers have been getting the short end of the stick. Now, as far as I'm concerned, you're a worker if you make less than $250,000 a year, which is about five times the average yearly salary for us Americans. So if you own a small business, you're probably a worker like the rest of us, and not somebody who manages their stock portfolio for a living.
What this here is trying to do is get information to working people to help us figure out how to even up the score a little bit when it comes to who gets paid what. Right now, the richest 1 percent of the world's population owns 45 percent of the wealth, while the poorest 64 percent share 2 percent of the total. That ain't right no matter how you slice it.
In the last half century, the richest 1 percent in the U.S. have almost doubled their share of all income and now average 39 times as much as the bottom 90 percent of U.S. workers. Right now in this country, 43.5 percent of the population, or 140 million people, are poor or low-income.
Here's some stuff I found that talks about the problem and what we all can do about it:
What this here is trying to do is get information to working people to help us figure out how to even up the score a little bit when it comes to who gets paid what. Right now, the richest 1 percent of the world's population owns 45 percent of the wealth, while the poorest 64 percent share 2 percent of the total. That ain't right no matter how you slice it.
In the last half century, the richest 1 percent in the U.S. have almost doubled their share of all income and now average 39 times as much as the bottom 90 percent of U.S. workers. Right now in this country, 43.5 percent of the population, or 140 million people, are poor or low-income.
Here's some stuff I found that talks about the problem and what we all can do about it:
- CNBC, October 9, 2019: "This map shows the U.S. cities with the greatest income inequality" -- the New York Federal Reserve's report on income inequality found that workers earning in the top 90th percentile in New York and San Francisco made seven times as much in salary as those in the bottom 10th percentile, while the earning discrepancy was much lower in Detroit (5.5 times as much) and St. Louis (5.3 times as much).
- Forbes, October 9, 2019: "Income inequality: What do the measures really tell us?" -- shows that income inequality in the U.S. has gone down over the past 20 years as a result of social benefits and changes to the tax code, which contradicts the findings of a recent report from the Congressional Budget Office.
