Those figures sited in the WSJ aren’t in the actual press release from the BEA. https://www.bea.gov/news/2019/personal-income-and-outlays-june-2019 …
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Real wages rose at the top of the distribution, whereas wages stagnated or fell at the middle and bottom. Real (inflation adjusted) wages at the 90th percentile increased over 1979 to 2019. I haven’t seen any GOP policy proposals to solve this problem. https://fas.org/sgp/crs/misc/R45090.pdf …
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That is false.
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“For 2018, ...upward revision of $86.2 billion to personal interest income, ...of $75.7 billion to personal dividend income, ...of $67.2 billion to wages and salaries.” Lots of single moms w/ div&inc portfolios, yeah? Get bent
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Ohhhh man, some of those too may make that 1% club too crowded!
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What’s that you say? Trade wars are easy to win? So much winning this week.pic.twitter.com/jI6PF7wET9
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Well if this doesn’t cheer up those kids in cages probably nothing will.
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It’s all half truths anyway.
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From the OPINION article “one reason may be that employers are hiring millions of low-wage young people as older hirer-wage employees retire”. And NOWHERE does it state that upper management salary increases jack up the percentages. Those CEO’s are “wage-earners” too!
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So your usual cherry-picking and ignoring the real situation. So let’s do some quick math - if we take your salary of $174,000 and the salary of a deputy $48,000, can we say that law enforcement personnel average $111,000? Technically true, horribly wrong.
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