This chart shows the changes in wealth distribution over the last 40 years. Courtesy of Mother Jones.
Remember how the country was sold the idea of “trickle down” economics? “Oh, if we just give the wealthy more, they will create wealth for the poor and middle classes by increasing spending, investing in new factories, hiring more workers, etc, etc, etc.” In reality, after over 30 years of…
All the smart people already knew this at least a decade ago.