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Look at the quintiles in the second graph here, which adjusts for inflation: http://www.advisorperspectives.com/dshort/updates/Household-...

It's very clear that the bottom 60% of the USA hasn't risen even slightly in the last 50 years. And the 20% above that has only risen slightly. While the top 20% has approximately doubled.

(I suspect that if you broke it down further the rises would mostly acccumulate to the top few percent)



So, the rich are getting richer, but the poor are at least not getting poorer? While not ideal, it doesn't sound so bad to me, or am I missing something?


Who gives a shit about the bottom 60% of the USA? They have their cars, refrigerators, cell phones, television and football teams.

If we're going to be truly global citizens, we should place much more importance of the global reduction of poverty, which has been going great!

Poor Americans live in the best country in the world--- a country that any enterprising poor foreigner would love to immigrate to--- and they squander that opportunity.




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