Shift in income over the years

[newonecoming2]

Originally Posted by andywire

Well, hope everyone is happy with their service based economy... Where the wealth is created elsewhere, and we pimp it out for tiny margins. And people wonder why Americans are broke and cranky?

Who does the service economy service?

[andywire]

Originally Posted by newonecoming2

Who does the service economy service?

Those with money. By the sounds of it, that is no longer the average American. See how this works? Can't have a strong economy unless your producing the wealth.

[hml1976]

Just to be fair, I think it worth looking at the entire last century rather than just the last 40yrs. The Atlantic ran a good article on income disparity this week.

The 1% Ain't What It Used To Be - Megan McArdle - Business - The Atlantic

[newonecoming2]

Originally Posted by andywire

Those with money. By the sounds of it, that is no longer the average American. See how this works? Can't have a strong economy unless your producing the wealth.

You are preaching to the choir here.