Economic inequality is a real and growing problem in America. Since 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. That's actually good news: if inequality is not inevitable, then it can be fixed.
In honor of Labor Day, the Economic Policy Institute created an excellent interactive tool to explain the growing shortchange in American workers' income. Take a look, and share it with your friends. Remember that American workers should be earning more than we are. It just takes a few minutes to find out how economic inequality is real, affects you, is expensive, and was created. Try out the EPI tool at inequality.is.