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The wages of the top 1% grew 138%

The COVID-19 pandemic is illuminating some of the failings of our society. The economic impact that a pandemic of this scale has on families, small businesses, and individuals just starting their careers is complex and hugely detrimental to our nation as a whole.

Income inequality in America is among the worst in the developed world. Since 1979, the wages of the top 1% grew 138%, while wages of the bottom 90% grew just 15%.

And inequality will get much worse because the incomes of already-wealthy Americans' are currently growing faster than those of the middle class. This system cannot continue, especially if we want our country to recover quickly and effectively from the impacts of COVID-19.

Sign the petition and demand my colleagues in Congress take action to reduce income inequality.

Jim

Posted on April 13, 2020.

Meet Jim

Jim McGovern represents the 2nd District of the Commonwealth of Massachusetts. He has earned a national reputation as a tireless advocate for his district and as a champion for food security, human rights, campaign finance reform, social justice and peace.

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