Title: Income Inequality and Wealth Distribution in America [The Real Truth about the Top 1%] - Wealthanize
Headings: Income Inequality and Wealth Distribution in America [The Real Truth about the Top 1%]
Income Inequality and Wealth Distribution in America [The Real Truth about the Top 1%]
Income Inequality & Wealth Distribution in America
Mindset is a Major Contributor to the Income Inequality Gap
Income Growth and Income Stagnation Also Plays a Role
Between 1979 and 2017 the average income has only increased by 22%.
Productivity-Wage Discrepancies
How?
Union Decline is Contributing to Income Disparity
Income Inequality and Gender
Racial Discrimination in Wages
Bonus Inequality
Pay Gaps for CEO’s and Workers
Tax Cuts
Effects of Wealth Inequality in America
Wealth Concentration
Household Wealth
The Racial Wealth Divide
The End of the Wealth Inequality Tale…
Should America try to minimize the distribution of wealth and income? If so, how?

Content: Your company is producing widgets to sell at a profit. Assume also that you have a workforce of 100 people and they can produce 1,000 widgets a day. Then computers, software, and advanced technology enter the picture. This makes it possible for your team of 100 people to start producing 1,38o widgets a day. You’re now producing 380 more widgets everyday with same workforce and about the same overhead. If you make $10 profit per widget… you just made an extra $3,800 per day. That equates to an extra $19,000 per week and $988,000 per year in extra profit. So the wealth distribution and inequality gap begins to widen between you and your employees. It’s a difficult problem to solve. Should businesses just increase their pay and take less profit?