From 1989 to 2019, typical working families saw a negligible increase in wealth.
Meanwhile, the wealthiest one percent got $29 trillion richer in those same 30 years.
Itβs bad for our economy. Worse for our democracy.
From 1989 to 2019, typical working families saw a negligible increase in wealth.
Meanwhile, the wealthiest one percent got $29 trillion richer in those same 30 years.
Itβs bad for our economy. Worse for our democracy.
Most of their new $29 trillion came, directly or indirectly, from creating our $31 trillion national debt.
@rbreich
As an experiment I let an AI evaluate this statement:
"Some of the arguments made in the statement seem quite reasonable and supported, while others could be expanded or balanced with additional perspectives to strengthen the overall analysis."
Claude-instant: " This statement makes the argument that economic inequality has increased substantially over the past 30 years in the US, to the detriment of the overall economy and democracy. Specif