No. of Recommendations: 2
We know the rich are getting richer & receiving more of the national income thus making income inequality worse.
mheducation.com - Corporate profits are high while wages are near lowsYet
finance.yahoo.com - Early US earnings point bestThose profits must be coming from somewhere as the working class & middle class struggle.
stlouisfed.org - Which US households have credit card debt<img src="
stlouisfed.org - Blogimage creditcardholders corrected" alt="A column chart breaks down U.S. households by income decile. The shares of households with credit card debt in each decile are as follows: 1st, 28%; 2nd, 40%; 3rd, 50%; 4th, 42%; 5th, 58%; 6th, 57%; 7th, 61%; 8th, 49%; 9th, 46%; 10th, 26%."/>
And where are the corporate profits going? Stock buybacks driving the market valuation higher.
usatoday.com - Corporate buybacks record stocks uncertain economyThe plebes were never needed. Now is the middle class in that category?
Has the the US morphed into a capitalist pre WW 2 British class style society which was reminiscent of feudalism?