WAGES FOR THE BOTTOM 90 PERCENT HAVE BEEN STAGNANT

“Income inequality has risen during the last several decades to heights last seen in the 1920s. Most of the income growth has gone to a small fraction of the population, the ultra-rich elites, while real wages for the bottom 90 percent has been stagnant since the 1980s. The U.S. now ranks at, or near, the top of developed countries for income inequality. Job creation has lagged far behind population growth. Automation has erased some jobs, but corrupt, inept government leadership is responsible for the deplorable job-deficit-low wage situation.”

Catherine Sellers, “The Causes of Income Inequality,” American Thinker, November 3, 2015.