The Increasing Income Inequality In America [INFOGRAPHIC] - 17 views
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hcps-yirgaja on 02 Feb 15"The 1940s to the late 1970s, while by no means a golden age (as evidenced, for example, by the perpetuation of gender, ethnic, and racial discrimination in the job market), was a period in which workers from the lowest-paid wage earner to the highest-paid CEO experienced similar growth in incomes. This was a period in which "a rising tide" really did lift all boats. This underscores that there is nothing inevitable about top incomes growing faster than other incomes, as has occurred since the late 1970s. The unequal income growth since the late 1970s has brought the top 1 percent income share in the United States to near its 1928 peak." This article explains the ever increasing income inequality in modern day society. It verbally and non-verbally describes how the income of the top 1% of America is rapidly occupying a greater percentage of the income of all the populaces of the United States of America and that the income share of top one percent is nearing the peak it reached in 1928.