Deficit Owls | Think You Got Poorer Since 2008? You Probably Did @deficitowls5296 | Uploaded October 2016 | Updated October 2024, 13 hours ago.
Professor Pavlina Tcherneva on the Laura Flanders show, discussing a stunning finding in the data since WW2: during every economic boom, the proportion of income gains going to the bottom 99% has gotten smaller and smaller. In the most recent recovery since 2008, the proportion going to the top 1% has actually been more than 100%. This means that since 2008, ALL of the gains have gone to the top 1%, and the bottom 99% have actually gotten poorer.
See the whole interview here here: youtube.com/watch?v=fqmy5F98SAs
Follow Deficit Owls on Facebook and Twitter:
facebook.com/DeficitOwls
twitter.com/DeficitOwls
Professor Pavlina Tcherneva on the Laura Flanders show, discussing a stunning finding in the data since WW2: during every economic boom, the proportion of income gains going to the bottom 99% has gotten smaller and smaller. In the most recent recovery since 2008, the proportion going to the top 1% has actually been more than 100%. This means that since 2008, ALL of the gains have gone to the top 1%, and the bottom 99% have actually gotten poorer.
See the whole interview here here: youtube.com/watch?v=fqmy5F98SAs
Follow Deficit Owls on Facebook and Twitter:
facebook.com/DeficitOwls
twitter.com/DeficitOwls
