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How the U.S. is Redistributing Income to the Wealthy (Video)

On Current TV's 'Young Turks' this week, host Cenk Uygur and Pulitzer prize-winning journalist David Cay Johnston spoke about income inequality in the United States (video below).

According to Johnston, the richest 1 percent of Americans saw their average income increase by more than $18 million between 1966 and 2011. The bottom 90 percent have only seen average incomes increase by $59.

"This is not because American workers have suddenly gotten lazy," said Johnston. "It’s because government policies have changed, and what they’re doing is the exact opposite of the myth we’re being sold.”

Cenk added: "If the minimum household income had kept up with the growth of the economy, instead of the average income being $50,000 for a household, it would be $92,000. How great would that be?"

Source: Current TV


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