GDP going to Labor (workers) as opposed to going to capital:
1970: 68.8%
2013: 60.7%
Number of Manufacturing Jobs in US:
1979: 19,300,000
2015: 12,300,000
Population of US:
1979: 225,000,000
2015: 321,000,000
Before 2000 – Americans were getting richer:
- lower and middle classes were shrinking
- percentage of families making $100k+ was growing (inflation adjusted)
After 2000 Americans were getting poorer:
- middle class shrinking
- families making $100k+ shrinking (inflation adjusted)
- families making $30k- growing (inflation adjusted)
Read more about how this has affected the current election and our (lack of) trust in the government.