Heather Boushey: In Conversation with Gabriel Zucman: Zuc...

Heather Boushey: In Conversation with Gabriel Zucman: Zucman: "Even this mediocre growth performance is much more than what���s been experienced by most of the population. Almost 90 percent of the population has seen its income grow by less than that. And for half of the U.S. population���about 120 million adults today���there���s been zero growth in average pretax income since 1980. This means that in 1980, for the bottom 50 percent, average income before government intervention was $16,000 a year, adjusted for inflation. Today, it���s still 16,000 a year. That���s a generation-long stagnation in income for half of the population...

#noted