Americonned - The Huge Image

@TBPInvictus right here:

Opposite to 40+ years and counting of “trickle down” narrative, the fact is that the hole between the 1% and everybody else (let’s say the underside 90%) has by no means been wider. Its turn out to be a chasm, and the charts beneath inform the story.

Right here is the wealth share of the underside 90% and the Prime 1%, equalized in 1989:

Right here is each the share (scale at Left ) and degree (scale at proper) of complete internet price held by the Prime 1%. To place it in numbers: Their share has gone from about 23% to about 32%. In greenback phrases, their share has skyrocketed from just below $5 trillion to about $45 trillion.

Spoiler Alert: There was no trickle-down, and in reality, the other has occurred: The rich and ultra-wealthy have captured increasingly more of the pie, leaving much less for everybody beneath them, carving out the center class within the course of.

When Barry was tapped – and subsequently tapped me –  to get entangled in a documentary mission that sought to shine a light-weight on the perniciousness and unsustainability of wealth and earnings inequality, I jumped on the probability.

The result’s the award-winning Americonned. It had its theatrical debut in six cities round the USA final week, and is premiering on a number of streaming providers this week (Linktree). The staff behind this movie – Sean Claffey, Dave Pederson, Jillian Hurley, Jeff Mann, et al. – all poured their coronary heart and soul into it. The subject material consultants – Gary Evans, Richard Florida, Janet Gornick, Jacob Hacker, Nick Hanauer, Barry Ritholtz, Marty Walsh, and others – lay all of it out so completely. And the non-public tales are compelling.

It was a privilege to be a part of the staff. I hope you’ll verify us out: Americonned.

Thanks.

Beforehand:
America’s Company Welfare Queens (November 13, 2013)

Minimal Wage Will increase Do Not Destroy Jobs (January 24, 2019)

Generational Reset of Minimal Wage (November 30, 2021)

Wages in America