What Should You Be Earning?

Friday, September 6, 2013

From the Economic Policy Institute Blog

By Elise Gould

In honor of Labor Day, we made a little tool—based on our project inequality.is—that shows how much you would be making if wages had kept pace with productivity, a key indicator of an economy working for all.

Economic inequality is a real and growing problem in America. Since the 1979, workers are working more, making more goods, and not reaping the rewards of their increased productivity. Instead, CEOs and executives—the top 1% of earners—now take home 20% of the nation’s income.

But it doesn’t have to be like this. Growing inequality isn’t an inevitability—it was created. It’s the result of intentional policy decisions on taxes, trade, labor, and financial regulation. But that’s the good news: if inequality is not inevitable, then it can be fixed.

Take a look, and share with your friends. And remember that American workers should be earning more than we are. To do something about it, visit inequality.is.

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The great American middle class wasn’t something that just happened – it was built brick by brick. It was built by soldiers returning from war and a government that repaid them by giving them a shot at college.