https://www.nytimes.com/interactive/2017/08/07/opinion/leonhardt-income-inequality.html…

The actual income percentile is far beyond this. Stock/bonus income is not calculated into this. Look at median income compared to the 3% best off. Would show an even more alarming trend. A "Fedual society" in all but name... Wont be long before "Rights" will reflect this...

Very good point! Considering many of the wealthy get a significant portion of their wealth from capital gains and inheritance, this chart is only the tip of the iceberg, but its still alarming to see how despite stagnating wages, there is so much antagonism to the idea of raising the minimum wage. Reminds me of this story: http://www.latimes.com/business/la-fi-american-airlines-raises-20170427-story.html

American Airlines announces pay raises, and investors balk

American Airlines announces pay raises, and investors balk

by: Associated Press

American Airlines is giving pay raises to its pilots and flight attendants, who have complained they are paid less that peers at other airlines. Wall Street isn't happy.

More to read in The People's Newsroom
false