The reality of Trickle down economics

The upward redistribution of wealth over the past 40 years has shifted $50 trillion from the bottom 90% to the top 1%.

That’s $50 trillion that would have gone into the paychecks of ordinary working people had inequality held constant

$50 trillion that would have built a far larger and more prosperous economy—$50 trillion that would have enabled the vast majority of people to be far more healthy, resilient, and financially secure.

In real terms this means that If you are earning $35,000 a year You are being paid $26,000 a year less than you would have had income distributions held constant.

If income distribution had remained constant you’d be on $61,000

Trickle down? Flood up.

It’s called #Capitalism