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843. Re: Morning Metaverse Nov 1, 2013, 16:11 Beamer
Prez wrote on Nov 1, 2013, 15:59:
Would you mind reading my "where is the money going" post and telling me if you understand what I'm saying?

Is it me, or is it RollinThundr? Because "if US citizens, as a whole, are earning more money, but middle class income isn't seeing their wages grow proportionately, then where is the money going?" seems simple enough to me...

I haven't vetted the numbers myself but assuming they are correct it would have to mean the money is going to the wealthy. Which is certainly what I am seeing at my company.

Only place it can be going, right?
The people as a whole are making more, and we've ruled out it going to the government, so either we'd all be making more money, or a certain segment of us is making more money.
Numbers by year, back to the 90s, are here

I also very much like this chart:
Which shows how taxation has impacted our income equality.
Want to guess what a chart of the rise and decline of the middle class would look like?
Music for the discerning:
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