Who Wins from Trump’s Final Travesty? | The Smirking Chimp

A low-income American earning $35,000 this year would be earning $61,000. A college-educated worker now earning $72,000 would be earning $120,000. Overall, the grotesque surge in inequality that began 40 years ago is costing the median American worker $42,000 per year. The upward redistribution of $47 trillion wasn’t due to natural forces. It was contrived. As wealth accumulated at the top, so did political power to siphon off even more wealth and shaft everyone else.

Who Wins from Trump’s Final Travesty? | The Smirking Chimp