Thursday, April 18, 2024

Americonned – The Large Image

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@TBPInvictus right here:

Opposite to 40+ years and counting of “trickle down” narrative, the truth is that the space between the 1% and everybody else (let’s say the ground 90%) hasn’t ever been wider. It’s transform a chasm, and the charts beneath inform the tale.

Here’s the wealth proportion of the ground 90% and the Best 1%, equalized in 1989:

 

Here’s each the percentage (scale at Left ) and degree (scale at proper) of overall web price held through the Best 1%. To place it in numbers: Their proportion has long past from about 23% to about 32%. In buck phrases, their proportion has skyrocketed from just below $5 trillion to about $45 trillion.

 

Spoiler Alert: There was no trickle-down, and in truth, the other has came about: The well to do and ultra-wealthy have captured an increasing number of of the pie, leaving much less for everybody underneath them, carving out the center elegance within the procedure.

When Barry used to be tapped – and therefore tapped me –  to get occupied with a documentary mission that sought to polish a mild at the perniciousness and unsustainability of wealth and source of revenue inequality, I jumped on the probability.

The result’s the award-winning Americonned. It had its theatrical debut in six towns round the USA closing week, and is premiering on a number of streaming services and products this week (Linktree). The crew at the back of this movie – Sean Claffey, Dave Pederson, Jillian Hurley, Jeff Mann, et al. – all poured their center and soul into it. The subject material professionals – Gary Evans, Richard Florida, Janet Gornick, Jacob Hacker, Nick Hanauer, Barry Ritholtz, Marty Walsh, and others – lay all of it out so completely. And the private tales are compelling.

It used to be a privilege to be a part of the crew. I am hoping you’ll take a look at us out: Americonned.

Thanks.

 

 

In the past:
The us’s Company Welfare Queens (November 13, 2013)

Minimal Salary Will increase Do Now not Ruin Jobs (January 24, 2019)

Generational Reset of Minimal Salary (November 30, 2021)

Wages in The us

 

 

 

 

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