Until 1980, America’s national split of “gross domestic income” was around 60–40 in favor of workers, but then it began dropping and is now approaching 50–50. That change amounts to almost $1 trillion a year, an annual average of around $5,000 that each person with a job isn’t being paid. Instead, every household in the top 1 percent of earners has been getting $700,000 extra every year. It undoubtedly has been the largest and fastest upward redistribution of wealth in history.
