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Business Insider promises us today “15 Mind-Blowing Charts About Wealth And Inequality In America.” I don’t think any of them will come as a big surprise to readers of this blog, but it’s nice to see them all in one place. Below is the chart on average hourly earnings, which I’ve modified to show (approximately) what it would look like if you added income in the form of rising healthcare premiums. Basically, even if you do that, average income has only increased from $20/hour in 1972 to about $23/hour today. That’s roughly 12% over four decades, or about 0.3% per year, during an era in which per-capita productivity has grown at something like five times that rate. Our economy has generated a ton of increased income over the past few decades, but hardly any of it has trickled down to the average worker.

HERE ARE THE FACTS:

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As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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