If Workers’ Share Of National Income Were At The Post-War Average, They Would Earn An Extra $740 Billion This Year
Since 2009, 88 percent of national income growth has gone to corporate profits, while just one percent has gone to wages, adding another chapter to the decline of the middle class, whose incomes have been shrinking and wages stagnating for decades. In fact, according to data analyzed by the Financial Times, workers’ share of national income …
