79 Trillion Stolen From The Bottom 90%

The RAND Corporation, a nonpartisan organization conducting research, concluded that - based on data from the World Inequality Database - determined that IF labor share had kept up with 1975 numbers, the bottom 90% of earners would have earned a WHOPPING 79 TRILLION dollars more from 1975 to 2023! In other words, the distribution of ALL wage earners shifted heavily toward those in the upper echelon here in America. In short, wage theft has become the norm, and increasingly so. This is an alarming report, but hardly unexpected given the current form of distorted and bastardized "capitalism" the United States has. As I've said before, we cannot truly attempt to solve a problem if we do not - or are unwilling - to acknowledge it in the first place. Knowing what has taken place is half the battle. Here is the link to the RAND Corporation so you can check it for yourself: https://www.rand.org/pubs/working_papers/WRA516-2.html I am also inviting anyone who would like to be on the podcast to email me. Please click this link to fill out the form: https://www.thewealthyironworker.com/contact/ Important bits of information about me: The Wealthy Ironworker Union Made Merch (from my friends at Stars & Stripes): https://www.thewealthyironworker.com/merch/ Start and Stripes info: https://www.stars-stripes-promotional-products.com/ You can follow me on some platforms 👇 Website: https://www.thewealthyironworker.com/ Reddit: https://www.reddit.com/user/thewealthyironworker/ Facebook: https://www.facebook.com/thewealthyironworker Instagram: https://www.instagram.com/thewealthyironworker/ Twitter/X: https://x.com/wealthyironwrkr LinkedIn: https://www.linkedin.com/in/the-wealthy-ironworker-292487200/