Weekly wages for the average American worker are lower today than they were 52 years ago. Got that? And during roughly that same period, The Rand Corporation documented a massive transfer of wealth to the tune of $79 trillion. 79 trillion. Going from the bottom 90% to the top 1%. In other words, virtually all of the gains from the new technologies and increased worker productivity went to the people on top, not to the average worker. (05:35–05:53)
CLAIM
Asserts that $79 trillion in wealth was transferred from the bottom 90% to the top 1%.
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