Posted:
#51
Quote Originally Posted by fubah2:
Quote Originally Posted by Rush51: Quote Originally Posted by DeezyAZ81: " And Highest income inequality ever! but do not let facts get in the way of your silly argument." It sucks when facts get in the way of your argument, doesn't it ?! you couldn't be more wrong ! Well YOU outta know... Notwithstanding the link YOU posted was just an opinion piece by some dude named, Gad Levanon, and from almost a year ago, which was NOT a research study... Source: https://www.pewsocialtrends.org/2020/01/09/trends-in-income-and-wealth-inequality/ ...here are some newer FACTS by the reknowned PEW RESEARCH CENTER published *THIS YEAR* (prior to the trump-virus) ** "The growth in income in recent decades has tilted to upper-income households. At the same time, the U.S. middle class, which once comprised the clear majority of Americans, is shrinking. Thus, a greater share of the nation’s aggregate income is now going to upper-income households and the share going to middle- and lower-income households is falling." ** "From 1970 to 2018, the share of aggregate income going to upper-income households increased from 29% to 48%. Over the same period, the share going to middle-class households fell from 62% to 43%. And the share flowing to lower-income households inched down from 10% in 1970 to 9% in 2018. These trends in income reflect the growth in economic inequality overall in the U.S. in the decades since 1980. ** Income growth has been most rapid for the top 5% of families. Even among higher-income families, the growth in income has favored those at the top. Since 1980, incomes have increased faster for the most affluent families – those in the top 5% – than for families in the income strata below them. This disparity in outcomes is less pronounced in the wake of the Great Recession but shows no signs of reversing. ** The wealth gap between upper-income and lower- and middle-income families has grown wider this century. ** As a result, the wealth gap between America’s richest and poorer families more than doubled from 1989 to 2016. **Income inequality in the U.S has increased since 1980 and is greater than in peer countries ** Income inequality may be measured in a number of ways, but no matter the measure, economic inequality in the U.S. is seen to be on the rise.
Quote Originally Posted by Rush51: Quote Originally Posted by DeezyAZ81: " And Highest income inequality ever! but do not let facts get in the way of your silly argument." It sucks when facts get in the way of your argument, doesn't it ?! you couldn't be more wrong ! Well YOU outta know... Notwithstanding the link YOU posted was just an opinion piece by some dude named, Gad Levanon, and from almost a year ago, which was NOT a research study... Source: https://www.pewsocialtrends.org/2020/01/09/trends-in-income-and-wealth-inequality/ ...here are some newer FACTS by the reknowned PEW RESEARCH CENTER published *THIS YEAR* (prior to the trump-virus) ** "The growth in income in recent decades has tilted to upper-income households. At the same time, the U.S. middle class, which once comprised the clear majority of Americans, is shrinking. Thus, a greater share of the nation’s aggregate income is now going to upper-income households and the share going to middle- and lower-income households is falling." ** "From 1970 to 2018, the share of aggregate income going to upper-income households increased from 29% to 48%. Over the same period, the share going to middle-class households fell from 62% to 43%. And the share flowing to lower-income households inched down from 10% in 1970 to 9% in 2018. These trends in income reflect the growth in economic inequality overall in the U.S. in the decades since 1980. ** Income growth has been most rapid for the top 5% of families. Even among higher-income families, the growth in income has favored those at the top. Since 1980, incomes have increased faster for the most affluent families – those in the top 5% – than for families in the income strata below them. This disparity in outcomes is less pronounced in the wake of the Great Recession but shows no signs of reversing. ** The wealth gap between upper-income and lower- and middle-income families has grown wider this century. ** As a result, the wealth gap between America’s richest and poorer families more than doubled from 1989 to 2016. **Income inequality in the U.S has increased since 1980 and is greater than in peer countries ** Income inequality may be measured in a number of ways, but no matter the measure, economic inequality in the U.S. is seen to be on the rise.
Well , I don't know how you could screw up "facts". There was "nothing" opinionated about it. I could have just as easily posted a similar article about blue collar worker wage growth from a WSJ article.
The fact is the wage gap was DECLINING under Trump, and blue collar pay was actually increasing more than white collar pay. That sucks your argument has fallen on its face ! 
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