@nowisdom.bsky.social
Reposted
There’s a RAND report that quantified that if we just kept the same income distributions from the 1970s, the bottom 90% of Americans would have $50 trillion more than they have received over the last 45 years. The top 10% took it instead.
time.com/5888024/50-t...
time.com/5888024/50-t...
The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure
A report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, and secure
time.com
June 28, 2025 at 2:08 PM
There’s a RAND report that quantified that if we just kept the same income distributions from the 1970s, the bottom 90% of Americans would have $50 trillion more than they have received over the last 45 years. The top 10% took it instead.
time.com/5888024/50-t...
time.com/5888024/50-t...