Income share for the bottom 50% of Americans is ‘collapsing,’ new Piketty research finds

[prehnite]

A new research paper from economists including Thomas Piketty finds that the bottom 50%’s share of income in the United States is “collapsing.”

The paper, written by Facundo Alvaredo, Lucas Chancel, Piketty, Emmanuel Saez and Gabriel Zucman, studies global inequality dynamics. And while there are rising top income and wealth shares in nearly all

Comments

[cepreuka]

There are nearly 72 million children under age 18 years in the United States.

43 percent - 30.6 million - live in low-income families
21 percent - 14.8 million - live in poor families

http://www.nccp.org/publications/pub_1170.html

[zinnia_rose]

Trump cares about poor people like I'm the Duchess of Cambridge.