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2024
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Bruno J. Navarro
@brunojnavarro.bsky.social
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5 mo
A staggering $50 trillion. That is how much the upward redistribution of income has cost American workers over the past several decades.
The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure
time.com
A report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, and secure
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Time Spinner
@spinny.bsky.social
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5 mo
"That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month. Every month. Every single year."
1
Time Spinner
@spinny.bsky.social
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5 mo
Written by a venture capitalist. Guess they've noticed all the goods and services can't buy one customer.
5