Soapbox Saturday: Giant Sucking Sound

Do you feel like you are falling behind?  Well 90% of Americans are indeed hearing a giant sucking sound as the money is gobbled up by those at the top.  Geoff shares this chart from Daily KOS which shows that “for a long time, most of the gains from economic growth went to the bottom 90 percent of the income distribution. And, after all, the bottom 90 percent includes the vast majority of people. Since 1980, that hasn’t been the case. And for the first several years of the current expansion, the bottom 90 percent saw inflation-adjusted incomes continue to fall.”

Read more about the chart from Bard College and Levy Institute economist Pavlina Tcherneva.