One Big Reason for Voter Turnout Decline and Income Inequality: Smaller Unions - 2 views
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hcps-jhask on 31 Jan 15"Over the last several decades, union membership in the United States has declined precipitously, from 24 percent of all wage and salary workers in 1973 to 11.1 percent today. At the same time, our economy has increasingly begun to favor the wealthiest members of society. The labor share of income has reached the lowest level it's been since 1929, and that diminished income is distributed incredibly unequally (see chart). According to data from Thomas Piketty and Emmanuel Saez, the richest 1 percent of Americans now take home the same share of wage income as the bottom 50 percent." This article explains how much of a problem income inequality has become today regarding voters. This can help someone who is researching income inequality by showing them how it influences other aspects of the government.